What are my options to get out from under an asset that had a major fire, where we had no insurance?This asset (now a liability) is owned under a self directed ROTH IRA.I know there may be follow on negative consequen...
hello everyone,I am trying to find the right tune between cost of premium and coverage. It's my first rental property so I am just asking for advice that might sound stupid but I will do it anyway :-)The general quest...
Historically, I've been very averse to filing insurance claims for fixing things like broken windows, since I worry about premiums going up too aggressively, and the general ability to get insured at all. I just kind ...
I have been working with a GC since June 2023 on a gut and rebuild of a duplex in NH. This is my first time working on a rebuild or working with a GC. The gut was necessary due to a fire that occurred and the water da...
Hello Everyone,
I have heard a lot about using $10,000 of IRA money penalty-free on your first home purchase. I have an interesting question that hopefully one of you can answer. I am currently under an unbreakable...
I have noticed with a lot of questions I see posted here in BP the answers are usually "it depends" or at least some form of that. To be truthfully honest I am some what expecting the same answer here... but I'd stil...
OK, not really sure of the question to ask here.We are on day 3 of our option period and i am trying to get insurance quotes done for this rental house i am planning to fix up and rent (SFR). Now i own a primary resi...
Does anyone know of any reputable fire restoration companies in Memphis for SFRs? I recently had one of my rental properties burned down (vacant thankfully) and am looking for a company to do a rebuild as my property ...
Are there are any metrics for evaluating undeveloped or underdeveloped land's investment potential? Unfortunately, the 'price/sf' metric (of the structure) doesn't measure the value of the development potential, so I'...
The actual title here is Diary of a Real Estate Rookie: My Year of Flipping, Selling, and Rebuilding and What I Learned (The Hard Way). Sounds like it'd be useful to someone starting out in real estate investing, does...