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I’ve been doing private lending for a while for fix and flips. I’m not sure the insurance requirements that I’m requesting from borrowers are appropriate. These are the rough numbers of a deal I’m currently underwri...
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I will be diving my first Flip here in Texas ( West of Houston in Katy to be exact) at the end of this month. I have formed a partnership with a good friend who has his own construction company and manpower. My role i...
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I'll try to keep this as short as possible as I could go on for days and days.I'm a unit owner that was not happy with the former board so I ran for the position and was voted on as treasurer. I am a Financial Analyst...
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Hello BP Community. I hope to be closing on my first Baltimore City investment property soon. I'm of course overwhelmed by all the various things I need to do get ready for a tenant. I'd like to query the very know...
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Hey!
I have a no pet policy for my units, but one of my tenants worked around this by making her cat an Emotional Support Animal. I am feeling cornered by this and don't think that I have many options. A highly exper...
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I'm sure I'm an oddball here on BP...not a pro, but a renter who wants to buy her primary residence at a Tax Deed Auction. In my state, I own the property on the day after I've paid cash for my winning bid.
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I think this question is relevant given the impending Hurricane. My question is: If a home is purchased at the foreclosure auction; when does risk of loss pass. The certificate of sale isn't issued until 10 days af...
Hi, everyone. I'm a newby at this investing thing and have found a property that I want to buy for a rental. Should I form a LLC (or other entity) prior to the first investment purchase? Any guidance would be greatly ...
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So I have tenants lined up to rent my property and they want to rent it ASAP. I have done their background checks and all went well. I forgot to mention during the application signing that I require renters insuranc...
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Hey Everyone!I'm looking for a bit of advice on investing in condos. Specifically, I'm looking to understand what is actually included in HOA fees so I can do a more accurate job when running the numbers. My understan...