Hello BP community, I am looking into buying my first rental property and I came across a short sale 1Bed 1Ba condo. After looking into it with my RE agent, he informed me that there's a delinquency of 17K in unpaid c...
My wife and I are new Duplex owners and put in our contract that they need to have renters insurance (just because that’s what we’ve had when we rented). We had pushback from it because “they’ve never had renters insu...
Will loss of rental income from my overnight rental qualify me for the penalty free 401k distribution? I had two or three months of less than average rentals and one month of no rentals due to Covid travel restrictio...
I'm about to acquire two properties via loan assumption. Doing this through a land trust.My question: Obviously I will need my own insurance for the property. When approaching the seller about this, would I ask them...
Hi BP Community,
I was hoping to get some feedback on the best ways I can utilize cost segregation for my taxes this year and if anyone has recommendations for a Real Estate Accountant in the Los Angeles area that ...
is it the norm in Baltimore city for an investors buyers agent to charge $1000 flat fee for properties prices below $100,000?
I understand, from time to time, HOA may impose a special assessment fee to the homeowners. My HOA has just requested all the homeowners pay the HOA insurance deductible ($1,700 minimum per unit/$40k per building) to ...
Brand new LLC about to close on our first 2 Family row house in Lancaster city. Do we insure with a commercial general liability policy? TIA
What type of home owners insurance do you guys get when house hacking a duplex? The traditional HO3?
The property is a 3/2 main house with two 1/1 apartments out back. The apartments rent for 500 each per month and the house for 1500-1600 per month. Purchase price is 200,000. Comps 300-350,000. Main house needs roof ...