If a seller has the option to give (limited) power of attorney and not be physically present at the closing, are there any potential drawbacks to this? All the documents requiring signatures and notarization will be p...

My partner and I have been researching real estate for a couple years now and are ready to take the first step towards financial freedom. We are looking to use either an FHA loan or an ARM to buy a single family home,...

Hello BP Team, I am about to close on my first property to flip and was wondering what all insurance I should purchase? It's an all cash purchase and flip. Flip will be done by a licensed GC.Any guidance from the pro'...

Hi, everyone,I am a newcomer to this website and a brief introduction of myself: I recently bought one condo in florida and every month I paid HOA fees to one designated property management company.According to the bu...

The tax records of my rental condo shows 0 for assessed land value and the assessed building value as the total assessed value. So far I was convinced that even a condo has some land value based on the shared common g...

What have other land lords done when former tenant sues for mold?? Have a bad situation where former tenant unjustly is suing for mold. Insurance does not cover, nor does umbrella coverage. Insurance attorney recommen...

I am a new investor looking to invest in buy and hold, small multi-family properties, using the BRRR strategy. What is the difference between analyzing multi-family vs. single-family? Is it correct that the ARV for sm...

I have bought 2 long term rental properties with my brother. I am on one loan and title, he is on the other. We have a separate contract stating we are 50/50 owners. Will we be able to 1031 exhange when we sell the pr...

I'm beginning research on a particular strategy and need advice. My strategy is very common, but it's to use HML to buy and hold 1-4 unit homes then refinance and use equity to purchase another. While analyzing deals ...

I learned from a previous BP question that the 6 unit office building I am buying will likely be appraised using NOI/Average cap rate for the area.
How does the appraiser verify my NOI? Are they just going to look at...