Derek Kohut
Looking to start a partnership, need advice!
Hi BP,I am in Niagara on the lake, Canada and currently own two rental properties, 4 doors, and I am looking to bring in a partner for my next purchase. I currently am investing in small multi family and have a part...
Micaiah Cormier
Seller financing advice?
My son is looking at his first 3 unit, and since he is only 18 owner financing sounds like a great idea. It turns out, the owners are open to it. Any advice on forms, terms, do's dont's?
Christopher Hall
Second house under contract
We have our second house under contract as of today! We currently have one rental and have been living on the military base but we finally were able to get ourselves into a second house. If all goes well next year we ...
Faith Woodward
Bought with cash, don't have enough left for big improvements
We recently bought a house that was built in 1950 and remodeled in the 70s for 78k cash. The market value for a house this size in this neighborhood that has been improved is around 135k and it needed about 4k for ba...
Solomon F.
Oil tank remediated. no sell?
I am looking at a deal where the property had an underground oil tank removed and the soil test shows mild contamination. The seller is re-mediating. One realtor advised me against getting involved because I intend to...
Ajay Kejriwal
Sheriff Sale of 1st Mortgage followed by sale of 2nd Mortgage
Hey Guys - I purchased a first mortgage that was foreclosed at a auction in NJ a couple weeks ago. Unfortunately, i did not do proper title search in advance, and it turns out that property had a second mortgage. T...
Amit Shukla
Tips for reviewing the insurance policy?
Looking for an insurance policy for an STR in Asheville, NC. Based on the recommendations in this forum, I got quotes from Proper, CBiz, and Foremost. As kind-of expected, Proper quote is double of CBiz and triple of ...
Bryan S.
Wind Only Policy in FL since Ian
Has anyone been able to get Wind Only Policy since Hurricane Ian?
One rep said Citizens no longer offers wind only. Is that true?
Brad Orenstein
Home Loan and deed in Personal Names, using LLC to run rental pro
In Pennsylvania, We have an LLC with three partners. The property is a triplex and was purchased using non commercial mortgage so it is in one of the partners wife, and the other partner and his wife. Third partner ...
Hogan Underhill
Landlord Insurance vs homeowners insurance vs LLC
I bought a town house in MN in 2020 and have been renting it out for a couple of years. I do not live in the property. Currently, I have an LLC but no insurance.
My question is do I need insurance if I have an LLC? ...