Dalton Dellinger
What to do if termites are found during inspection
Hello BiggerPockets community! I'm a newbie who is itching to buy my first small multifamily to house-hack. I have never bought a house before. I am currently renting. I put an offer in on a duplex close to where I li...
Bryan Plumb
Best way to pull equity out for first investment property
Our situation:End goal is to have a single family home in Maui in a few years...We have roughly 257k equity (conservative estimate) in our single family home after about 7 months of ownership (thanks to locking in our...
Tommy Burch
Rookie, HCOL area, cash buyer, thoughts?
Hello and thank you. Rookie here. I am in Newton MA and not in a rush.Looking to slowly (cash buyer) diversify into real estate. I live in MA and it is a high cost of living area (Newton).I prefer the following: 1. bu...
MJ Barnett
Land and Cannabis Farms
I have a client who is looking to purchase land in California and permit it for Cannabis growing and then renting out parcels for income. I haven't heard of this type of investment as most people grow on their own lan...
Donna Mancuso
Insurance while flipping a home
We are currently an LLC. My partner took out a business license and commercially licensed us. On top of that he purchases homeowners insurance for each property when we are working on it. Is that over kill? Do you nee...
Greg P.
Would you buy this House? Murder
Hello, would you buy a house that the son killed his mom and burnt the house down to flip?
Here are the numbers:
Purchase Price - $50k
Rehab Cost - $60-65k
ARV - $220-250k
There is a lot of room here, but I have ne...
Ben Hooper
multiple mortgages during recessions
I just recently bought a second property and have never managed rental properties during recessions. For people with multiple properties, what's the experience like during a recession. I imagine there are less visitor...
Kyle S.
Can you set up a legally qualified self insurance?
I am wondering if it is possible to set up a legal self insurance company for rental property insurance? I am not talking about just dropping coverage and taking the risk, and I am not talking about dropping insurance...
Martin Nowak
HELOC verses RISK- advice?
My interest is buy and hold at this juncture Although not opposed to a flip. I have 5 active properties and I'm blessed to have 100% occupancy. Two of the homes (small ones) are paid off. I have a realtor who is quite...
Marc Cleverley
Insurance Needs
We are getting quotes for liability coverage as well as builders risk. We indicated to our agent that we would has very few contractors coming in, as most of the work would be done by us. She came back with a $5,000 l...