Hi BP!I'm comparing insurance quotes right now for an owner-occupied duplex in Sacramento. All the quotes default with no flood or earthquake insurance. For my CA people, do you carry earthquake coverage? Why or why n...
I'd like to take a poll.
How many people became successful without taking a risk?
Hello Everyone,
I am new to this forum, wanted to say hello to everyone. I have been buying and selling rental properties for the last 8 years. I am to the point where I have rental properties that are paid ...
We own a 3 unit building in Chicago. Do we need to keep security deposits in a separate bank account? Any information I see on the matter only references larger properties. Just wondering if there are any rules smalle...
Socially ran into the managing broker at one of the local realestate office. He thought beating a 25% cash on cash return that we are gettibg in buy and hold with flipping locally would be hard to do. That suprised ...
Hey Team!New to the game and have my first flip under contract. I'm in need of an insurance policy while holding the property- my team is using hard money. I expect the time between close and sale to be 3-4 months. An...
Hello everyone (particularly seasoned REIs), I came across a multi-fam. property listing in the Sun belt about a month ago. Owner is asking $650k. He's now open to seller/financing (wasn't originally). Owner will fina...
I want to have my girlfriend change her Roth IRA to a self-directed Roth IRA. I would then sell her my rental property for $25,000. I paid 25,000 about ten years ago. It is now worth 125,000. I collect $1000.00 a mont...
When initially engaging a private lender on a deal, what documents should be executed to:A- Get their commitmentB- Structure business arrangement/partnershipC- Transfer fundsD- transfer paymentsThank you in advance!
What is your policy in regards to allowing firearms on premise in small multi-family buildings?