Hello BP family. I have 2 questions and need advice please:1. What kind of policy and how much insurance coverage is needed for a rental property?2. When investing in out of state properties, is it better to use an in...
I've been doing research after seeing so many accessory apartments listed as multifamilies in long island. After understanding the nuances and history more, I'm wondering, are there certain towns or hamlets in long is...
Hello all, I'm a newbie who just signed up looking for some financial advice.I'm a single person, aged 43, who recently bought a new home in the CA Bay Area putting 20% down left with a mortgage of 720K. My mortgage p...
Saturday night, we received a call while we were out from the guy who rents the basement of our personal residence. Sewage was backing up into his bathroom and all over the carpet outside the bathroom. We managed to...
Hi everybody! Just want to ask anybody here who has the experience with this sort of thing. We live in CA, Los Angeles county to be exact,where there is a current moratorium on evictions due to Covid. My new tenants h...
Hello BP Community! A first post for me! I learned about BP when I first learned about ADUs just about a month ago and have found great value in these forums, so thank you all for your contribution!I'm shopping around...
What is your guys 2 cents on investing in multi-family homes in undesirable areas? Obviously this wouldn't be any investors preference, but when running numbers, the price of these types of properties seem to be the o...
I, like most of owners with more than a handful of leases, tend to put some sort of separation between the tenants and me. With most properties, this separation, usually via a management company, is desired to preve...
Hello All,
First off want to thank everyone for reading this post. I have been wanting to get into the real estate investment industry for a while now after I saved a decent amount for a down payment + rehab. I wante...
Well today it happened folks. Got to the property I am currently rehabbing and found the door kicked in, with all my tools stolen. This is my first property, and I’ve been rehabbing it by myself for the last few month...