Hey BP, I bid on my first property on an auction site and lost. After it closed, I got an email saying they were holding my last bid as a "back up bid." Can anyone shed light on what this means?Am I next in line?Does ...

I'm considering the purchase of a backup power generator (we are in the land of the occasional tornado, hurricane and ice storm here and outages aren't uncommon).  I have picked a portable tri-fuel model which I inten...

Hello, first post here and first time buying a home. I've been reading through the forum for a couple of weeks and I've learned so much here... amazed by how intelligent and insightful these discussions are.  I hope m...

Hi, I am a florida investor and interested in hearing about peoples experience finding (ideally nation wide, or fl in specific) lenders who extend commercial lines of credit based off property. I am trying to put toge...

Hi BP,Here's a situation for ya...We offered 470k for a house that was listed at $440k and we lost (welcome to the Denver RE market). The winning offer was 480k so we lost by 10k. The seller's agent told us we came in...

Does anyone know an insurance company that offers water backup coverage for landlord policy? I recently had water issue in the basement of a rental; due to power outage because of a storm, sump-pump stopped working an...

I am an insurance broker who represents RE investors across the country.  A common question that I get is, "Why am I buying water backup coverage if I have a flood policy?"  The answer is relatively simple: they cover...

Hi all, I recently had both of my (amazing) tenants report septic backup through their toilets.  Each side of my duplex is 2/1.  I called the septic company that did the original inspection 18 months ago at the acquis...

My home inspector told me during an inspection it's come back in a big way lately, as in he's suddenly busy all the time again. What are other real estate professionals in the area seeing?

Hey BP world - just thought I’d post this as I have been laying awake stressing about the issue all morning. So in December after having my property for two months I had sewage backup in the downstairs tenants shower...