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We purchased our first 4 Unit Building after a successful Triplex property. We came across a property with the ability to financing using seller financing, and noticed that the property was severely mismanaged and low...
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Hey folks! I own one unit in a strip of 4 individually owned townhomes. We are seeking offers from developers/investors to purchase all 4 units. We are all on board with this for the right price. Each unit produces ex...
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Wondering what I should establish as a fair policy. As this is all new to me I don't have past statistics upon which I can rely.
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I just had a potential tenant request a shorter term lease which would then become month to month and in exchange he was willing to pay higher rent than I’m asking. This was a red flag to me so I wanted to get some fe...
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i have 3 properties rented. the 4th property will be rented by the end of the month. i have been a landlord for 3 years and a couple months ago, the insurance broker who wrote my policy informed me my policy was swit...
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I'm under contract on a multifamily in South City and currently looking at insurance options. The first few quotes I got were a lot higher than I expected. With most of the buildings in that area being 100 years old...
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Is this real? I was on the phone with one of the major auto insurers today. The rep was telling me that he had a woman from Brooklyn who let her daughter drive her car. Daughter caused an accident and the insurer c...
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Why do lenders sell mortgages?
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Hello BP Family,So I am currently looking into investing in Tennessee ( Gatlinburg, Pigeon Forge) Area. I see everyone only talks about cabins in these areas. If I were to buy a standard home will the income be less b...
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I've got a property that I recently purchased with cash at tax deed auction. I have not yet set up property insurance, and there is a tenant living in it. When I called an insurance company while looking for a quote, ...