Adam Sharp
1st Condo Buy - Running the Numbers
Hi BP Community!I am moving to Seattle in September and hoping to buy my first condo. I am doing some budgeting and wanted to get your feedback to find out if I am planning correctly. I am planning to put 5% down on...
Jen Lucas
Can I really retire early on 4 duplexes?
My husband and I are DINKs with a plan to retire early, well go to very part-time, that seems too easy, and I'm hoping the experts (you!) can help us vet this plan.I'm 39 and my husband is 46. We live in Austin, TX an...
Minh Lai
Calculating Insurance
I'm taking @Brandon Turner advice to heart and I plan to analyze at least 3 deals a day or 90 deals a month. I have a spread sheet that I use to plug and chug. This book gave me the knowledge and background to underst...
Kim Chhay
New Investor Needing Guidance
Hello Everyone,I am from California, and I plan on buying Single-Family Homes in Texas this year. I already formed a Texas LLC, EIN, Registered Agent, opened a business account, the whole 9 yards. I recently learned ...
Jon Carter
Insurance companies not allowing students
Hello all,
I just purchased my third rental property this year, a 3 bed 2 bath half duplex, and called my usual insurance company for another policy. They told me that they wouldn't insure me if I was going to rent t...
Mike Rios
Unusual BRRRR situation, need help
Hey ya’ll-Bought an REO foreclosure (cash) as an Owner occupant last April. -House was a 3/1, converted it into a 3/2 then I had the idea of enclosing the carport and terrace. -The carport is a 1/1 “in law space” wit...
Matt O'Reilly
How do you estimate insurance for rental property?
I'm wondering if there's a rule of thumb on estimating the cost of insurance for the initial deal analysis. I'm looking at triplexes and quadruplexes right now. But I'm also curious how you figure insurance for larger...
Matt Morin
Wholesalers liability (LLC vs. sole proprietor)
Quick question about business structure. I was recently talking to my accountant about my planned start in the wholesaling business . We talked a little about tax implications and then she brought up a good question...
Keniti Pinkett
Inherited Property - Cracked Siding: Asbestos vs. Wind Damage
Hello everyone, I'm new to investing and recently inherited property in VA (vacant). I notified the insurance company that the owners are now deceased and requested estimates to insure the property if once I decide to...
Ken Lacroix
New to U.S. investing
I am an investor living in Ottawa, Canada with sole ownership of 2 triplexes in Saint John, New Brunswick and am in the final stages of setting up my U.S. corporate structure to scale up my portfolio exponentially. My...