John E Ceisel
The 3 Rental Inspections
Hello BP!The way my lease is structured, for the move-in/move-out inspection I have 3 phases: 1-Move In2-Pre-Move Out3-Move OutAs far as legal obligation is concerned (California), the tenant must fill out and sign t...
Nicholas Guy
REFI 2018 tax implications.
Hi BP, Im relatively new to your community and trying to soak it all in . I had an idea to refi my house to payoff student loan debt. This would give me a lower interest rate on both and allow me to write off the inte...
Mark De sagun
Should I Seismic Retrofit foundation?
Hi everyone! My girlfriend and I just bought our first house hack in Los Angeles. The house was built in 1914. During inspection, we were told that we need to Seismic Retrofit the foundation; bolt down, upgrade posts ...
Jeff Stansberry
Memphis Homeowners Insurance Providers
Hi Memphis Investors! I'm looking to lower some expenses since interest rates have risen. What homeowners insurance providers have you found the least expensive for a standard landlord policy? Looking for a generaliza...
Jinglei Shen
Insurance covers cash value on properties built prior to 1940
I am looking to purchase this investment duplex property which was built prior to 1940. All state said they cover cash value for properties built prior to 1940, drewlling comes out less than half of asking price. The ...
Carl Graff
Lease Agreement San Diego
OK so I have used LegalZoom in the past and had a Lawyer review the POA form and though they did rewrite it for me they were honest and stated that the LegalZoom form would stand up in a court of law in their opinion....
Darnell Alston
Comp Adjustments and how they are determined
I'm reading bp's book on flipping houses and I've gotten to a chapter that talks about comp adjustment but I'm unclear as to how they came to their adjustments. Can someone please help?
Travis Wilson
Help structuring renovation with contractor for out of state proj
Hi - I recently bought 41 units out of state and they need significant renovations. I’m going to finance the renovation myself and I’m trying to figure out how to set up the payment and work inspections with the contr...
Alan Berlin
House Hack Percentage
I'm setting up my first 1031 exchange on a duplex sale that I lived in part of. The house was two units but they are not equal size. I'd estimate that our unit was %65 of the house. Does it go by percent of squar...
James Campbell
HELOC in Rhode Island
Hello everyone,
I'm looking to open a HELOC on my primary residence in Smithfield, RI. Does anyone know any good banks or cu's that offer the lowest rates, highest LTV and $0 initial draw? Im looking online at Pawtuc...