Jason Foxx
Creative Multifamily Strategies for Other Income
What are some creative ways to get Additional Other Income from a high end multi family building? I may be running an 80+ unit in the near future.Laundry is included in each unit. Ways that we already implement are st...
Chris Reyes
Question on Turning a Duplex into an LLC
Hello Everyone,I am currently under contract for a duplex between my father and I. My question is, after closing, is it possible to put the duplex into an LLC. I want to ensure that both my fathers assets and mine are...
Zev Dobuler
Rental property insurance. Replacement or purchase + rehab costs?
I’m purchasing rental properties in Rochester NY but this is a pretty generic question for all locations. What are most investors insuring their rental properties for? Replacement costs or purchase price + rehab + clo...
Account Closed
FPI Notices to Borrower
Just wondering for non-performing note investors, does your servicer send the 45/30/15 day forced place insurance letters or do they have you do it? I'm using FCI who does not send them out (even if I use their recomm...
Arron Paulino
Funding For Real Estate Investments
Hello Biggerpockets,I currently have done 4 BRRRR's and am having fun doing it on my real estate investing journey! My first and second ones went well and I did have to keep some funds left in the deal when I cashed o...
Cedrick Givens
Searching for a deal
Whenever I speak to an insurance agent about a property I’m interested in, they’re unable to give a quote without it being livable. I even had agents ask for proof of a lease first …How am I supposed to accurately ...
Ryan Mackfee
Property Insurance
Hello BP
I recently purchased my 3rd rental property and this one was a shell which is getting a total rehab. I had to pay cash for the property because of my debt to income ratio. So me question is do I need...
Brett Hennessy
First house fire, any advice or wish I had known?
Had my first fire, looks like it will likely be a total loss. Just curious of any advice from those who have been through it. Also any thoughts on rebuild vs sale of the lot. Thank you so much!
Eric Brenneman
Advice Please - Insurance for LLC based properties
I own a triplex that when it was held by me personally I was able to keep my insurance and loan rates quite low. Once I transferred the property into a LLC, I had to get a commercial loan, which raised costs and also...
Scott Starrett
Cincinnati new rental regulations in 2020
Thought I would share this article that covers new regulations, some of which are going into effect this week:1) Rental registration 2) Late fees 3) Security deposits https://finneylawfirm.com/2020...