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Hey guys, I am shopping around for insurance on a small duplex. So far they seem to be pretty high. What coverage do you suggest getting? I have thought about transferring the property to my LLC then getting cheaper i...
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Recently we've seen a dramatic increase in our rentals HOI premiums. We're wondering if anyone else has noticed a similar increase. For example one property went from $829 to $1575 (one roof claim were the roof was re...
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Hi,*** request feedback by 12/28 Wednesday.What is the minimum insurance coverage that I need to get for a 5 unit multi-family home? I need help. Here is a quote I received.Building purchase price is $105K, but replac...
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I've been buying properties to rehab for a while now and I'm hearing a lot about buying notes and how I can get great deals buying notes at a discount.
Can anyone point me to an information source (inexpensive if pos...
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Hello,I recently made the transition from part time real estate agents to FULL TIME!!! I would love to hear from some of the veteran real estate agents on their strategies for generating client leads. Some things I ha...
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Hello All -We are about a month away from getting completely out of all W-2 employment and going full time (hubby & I) in REI. We have been thinking about this for a while and feel like we are in good shape to do...
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➡️ On Friday, the price of lumber per thousand board feet jumped to $1,048, according to Random Lengths.
That price jump is unlikely to be the last. On Monday, the May futures contract price per thousand board feet o...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $7,250,000
Cash invested: $1,750,000
104 unit in an area where not many units were coming online, 25% owner.
...
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I heard Brandon on on the BP Podcast mention that he uses cash value policy vs replacement cost policy. I've read that cash value can be messy. Thoughts?
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Happy Friday BP universe! I've got a 1031 exchange question...Do i have to purchase a replacement property equal to my sales price or just the amount of my capital gain?Say I bought my property for 400k.I sell it for ...