Wendell De Guzman
The Biggest Rehab Project of My Career - Should I Do This?
Yesterday I won a BID on an auction on a house in Lagrange IL.The Good:ARV - $1,000,000Acquisition Price: $380,000Repairs: $200,000Profit Potential: HUGE - about $300,000 profit even if you assume 12 months holding c...
Petronella Kerssens
What is the best type of rental property for overseas investors?
Good morning all,
I'm reaching out to tap into the collective wisdom of this community regarding a potential investment opportunity I'm considering. As an overseas investor, I've been carefully evaluating different o...
Sterling Stroud
Tenant refusing to get renters insurance
Hello, So a potential renter of mine is insistent that they do not need renters insurance even though I have told them how cheap it is and that it is highly recommended. Renters insurance is not required by law in Vir...
Kimberly T.
Multifamily property with first floor a couple feet underground - any problems with this type of construction?
As I'm investigating other markets to buy in, I am finding some multifamilies (typically 4plexes) where it appears the first floor must be a couple feet underground, based on the fact that the first floor windows a...
Leon Lee
How to properly structure a partnership
Dear BPersI am considering to partner up with a friend on purchasing real estate properties. In general, I have perfect credit, low DTI ratio, but very busy with my full-time job. He, on the other hand, is relatively ...
Karim Elahi
Section 8 in Philadelphia, PA
hello, I'm looking to start my rental portfolio. can you recommend some up to coming neighborhoods in philly with good rental potential? or any good area for philly rental? can you recommend any PMs aswell for PA? I’...
Andrew B.
Newbie help needed! Liability Insurance considerations.
Hi BP! After purchasing a property it's my understanding standard homeowner insurance is not sufficient to cover a landlord in terms of liability. In the interest of qualifying for residential financing it seems an ...
Rick Stanton
Denied insurance claim
Purchased 8 plex that was vacant. Put insurance on it and started painting in some units and showing units. Within a week we had a major snow storm and water line froze and broke. Insurance company denied claim due...
Tatiana Conta
Down Payment Assistance Arizona Program
Hi guys,
Anyone has used the Down Payment Assistance Arizona Program? Pros and Cons?
P.S I have $30k but wondering about this program
Matthew Lindsey
Section 8/Housing Voucher Program Landlording Opinions
Hi, Recently I have been thinking about buying some properties strictly for Section 8/Housing Voucher Program tenants. It would fall into the Northern Region of Georgia according to the HAD. My questions are if any la...