Justin Melton
Getting longer stays
My wife and I have owned an Airbnb since early March and are doing pretty well so far. We are in a small Midwest college town (MAC school) of about 60k people. We pay about $1700 for mortgage, insurance, utilities ec...
Alyssa Magyar
Best Landlord Insurance for first rental property (no LLC)
I will be renting out my current primary residence starting in 2023 and wont be able to transfer the property into an LLC (they will most likely call the loan if i do) I am looking for alternative means of asset prote...
Ben Pearce
FHA Financing Advice
Bought a Duplex in search of some FHA financing strategy. Basic Info: Purchase Price $333,000 - Locked in Rate (30 year) 2.625% - FHA Insurance 0.8% or approx. $220/mTrying to think through two routes at the moment an...
Scott Trench
House Hacking - Legal, Insurance, and Liability Protections
I'm hoping to get some advice applicable to house hackers for liabilities including insurance, legal protections, and limiting liability.After listening to Podcast 109, I've become interested in Asset Protection and m...
John Miranda
Flipping Insurance! What insurance company/type do you use?
What insurance company are you using? And what type of policy? I good friend of mine would always replace a certain 4 letter word with "flipping" so I think flipping insurance has 2 meanings. After spending 40min. tal...
Jason Lazarski
Real estate lawyers in Las Vegas
I have a person that wants to walk away from their property and allow me to keep the loan in place for five years until I have refi. What steps do I need to take? How to write the contract? Do I get my name added to t...
John Powell
Insurance
Would anyone recommend insurance companies in the area? Not sure if anyone has insurance that covers tenant negligence as well as vandalism. Thank you.
Alex Clark
I keep getting discouraged, I have around 80k to invest is it enough to buy a rental
Hey bp fam, I'm getting discouraged when I look and run the numbers is 80k not enough to invest now a days? I look for propertys and then go to dealcheck.io run the numbers all are negative cash flow by alot of money....
Ben Skove
Looking at a property to buy & hold in a flood plain
Hi folks,
I'm looking at a 3/1 REO going for $14K, rent comps around $700. I won't know the repairs until getting in today, but it appears in reasonable shape, probably no more than $15K.
It's mapped in...
Demetrius Gatling
Seller finance
I found a duplex for 48,000. 1 bath/1bed both units are renter for 375. I asked the owner if he would owner finance he agreed but he doesn't own it the bank does. Is it still possible for me to move forward? Is it a g...