Jose Garcia
Insuring a Multifamily with (3) Detached Units
Good afternoon BP,I have a triplex with three detached units that are all identical. It's one parcel of land that has three single family homes, but it was appraised and underwritten as a Triplex (it shows as a Triple...
Eli M.
How to negotiate construction contract
Dear BP family,As an investor I'm interested in paying as low as possible for a deposit.But a contractor obviously wants as much as possible justifying that he needs to buy materials and pay his workers.What is the be...
Tamas Vastag
Insurance on mortage loan?
Hello,Currently we are signing a contract for a purchase of an industrial building.The bank who is financing it, probably only because I am a newbie in the area, trying to sign with me an insurance on the mortgage loa...
Beau Ordemann
DP-3 Insurance Policies
I've recently entered the commercial lending realm for properties 10+ and am new to the LLC space. The commercial lender I'm planning on working with said they require DP-3 insurance policy. Does anyone have good rec...
Bryon M. Monson
Business Insurance for our LLC
Good morning BP,
My wife and I started our Real Estate Investing LLC back in January of 2017 and hadn't given much thought to having business insurance. We currently are running our real estate investing business fro...
Noah Stauffer
Way to Estimate Insurance
Hello All! First post here, so hope this isn't a dumb question lol. I am trying to get in some practice analyzing properties, and I was wondering if there is a good way to get a fairly accurate estimate of insurance...
Jay Garrison
Contractor won't share license info w/o signed contract?
Hi,I am in talks with a masonry company to do some major repairs to my chimney. I have been sent an estimate already, but when I asked for the contractor's license info (they were referred to me by my carpenter) I was...
Anthony Cross
Type of Rental Property Insurance
Hi BP. I'm analyzing a few properties for my first investment property purchase, which I plan on renting out to my brother and a few of his friends in a college town. I asked my homeowners insurance carrier for a qu...
Mark Updegraff
Do you verify your contractor?
Hello All, just wanted to see how you verify your contractor. If they are a sole proprietor you need to file a 1099 right? How do you require them to verify their SS?
Thx!
Mark Vieira
Anybody know a good company for auction title research in Northern CA?
I have been solely a buy and hold investor for the past 8 years, but am now trying my hand at flipping. I have my first flip going right now that was brought to me by a realtor contact, but am currently gearing up to ...