We live and invest in north central Texas and just had a hail storm come through. Hail size was pea to quarter with some getting to golf ball size. Some of my rentals really could use a new roof and some have new or d...
Hey y’all ! Im analyzing deals in Harris county specifically Spring Tx ... Don’t have lender yet! Looking for a sfh worth 150,000 and I plan to rent for 1500 ( Zillow rent estimates) ! need advice , about lending, mi...
Hello all,Newbie question here. I am due to close on my first deal within the next 40 days. As such, I have contacted my insurance agent to obtain quotes for my existing home (which will be converted into an SFR) an...
My husband and I recently purchased a fixer-upper and have been having trouble finding an insurance company to work with us since we are not yet living on the property. We expect to finish the work within the next 9-1...
Hi All,My partner and I have created a construction LLC that has general liability insurance. We subcontract all our work out on our residential and commercial jobs. We have also created an investment LLC that will ...
I came across a friend who suggested buying insurance for your company an then withdrawing the insurance money to fund the projects. Is this a common practiced strategy. An if anyone knows the legality of it that woul...
well another one just rolled through and more are coming. this is becoming more of an annual thing it seems. lots of things to deal with when you manage rentals in this part of the country. I have some procedures I...
I was wondering?? If you have delinquent taxes on a property and you tear the property down, do you still owe the property taxes???
Hi BiggerPockets Community,
I’m looking for advice on breaking even or generating positive cash flow with my studio condo in Prospect Heights, NYC. Here’s the situation:
Purchase Price: $540,000Down Payment: 20%Mort...
Hey all,First post here, but have been absorbing the BP podcast every second I can. I have very little real estate experience, I own just my home, fairly knowledgeable in investing, but now I want to bring the two tog...