Inam Rehman
FHA Owner Occupied Terms
I am looking to get an FHA loan on 3 unit where i will be living in one of the units. My question is regarding the term "Owner Occupied".
Lets say i keep one unit for myself and pay all bills etc but i live s...
Bienes Raices
Unpermitted structure at property
I posted about this before, but I have a new question about it.
This shed is in the backyard. I found out from the neighbor that it was built about 10 years ago by one of the previous owners. He told me that the va...
Andy Wilson
Swimming pool for rentals
Hi BP, I am looking for a property for rentals. Now I found a good deal with a swimming pool. My agent saying having swimming pool is a plus but others say having a pool can be a negative for maintenance and high insu...
Jean Paul Valley
liablity on new home construction
My question is if I buy a piece of raw land with the intention of hiring my own architect/contractor to build and oversee, am I liable for any injuries that happen on the work site?
My second question is if I hire a ...
Carlton Chestnut
Newbie Question - 50/50 Partnership Setup
My brother and I are looking to purchase a multifamily property together 50/50. We look to use a FHA loan (one of us will live in one on the units) and split all work, profits, expenses, and equity down the middle. We...
N/A N/A
Builder needs additional outside funding
Good day,
We are doing several projects in Charlotte, but we are kind of out of capital. We need some funding from any place other than banks. Anyone have any suggestions where to go?
Bienes Raices
Question about providing lawncare (liability)
If I hire someone to do the lawncare for the tenants, what do they need to have? A corp. and liability insurance? Or do they need worker's comp too? I think Florida doesn't require WC if the business has three employe...
Ryan Dossey
What would YOU do if you got hurt on another investors property?
I know that folks in the USA tend to be very eager to use litigation. There's a comedian who talks about the American Dream. A few decades ago it was a nice home, in a subdivision, with a fenced yard, and late model c...
Jerry LoCoco
General Contractor Insurance Policy Limits
What amounts of insurance coverage (workman's comp, auto liability, and commercial general liability) are BP members requiring their General Contractor's to carry on rehab projects?
Ryan S.
Can I start an LLC in a State that I do not live in?
I live in Chicago IL and have been looking up getting an LLC. A few real estate investors have been telling me to get my LLC though Nevada?
Is this a good idea? Are there more benefits to having my LLC in Nevada ev...