Surya Kumar
Do I need to replace this 17yrs old roof?
I'm closing on my second property and got an offer accepted. I just received the inspection report and the roofing conditions have come back worser than I thought. I know the roof is old (17 yrs) but I thought it had ...
Tyler Cesar
Looking at Mixed Use Property in Texas - Need Advice
Hi,First post :) ... Currently evaluating a property in Texas, about 30-40 minutes SW of Austin. It is zoned mixed use. It currently has a mix of houses and mobile homes on it. I'm concerned about whether the mobile h...
Isaac Green
How should I calculate sf construction cost for gut renovation?
Hi,I'm reviewing some deals, and one of them requires gut renovation for 5400sf.Usually when I'm calculating construction cost I'm using avg of 150$ per sf, but with gut renovation i'm not sure what number to use for ...
Clayton Cerer
Apartment loan and fees associated
Hello! We are working on our loan for our first apartment deal. It is a 24 unit property. Fairly clean deal. Loan amount is 1,098,000Our lender is saying we have about $14k in estimated costs of due diligence, documen...
Frank Paladino
Question About Insurance and Liability Protection
I am a buy and hold investor and have started to accumulate a few properties and looking to do more. Before I do, I wanted to ask what investors do to protect themselves as they acquire more and more properties.Homeo...
Account Closed
Better to buy property in LLC or my name with personal umbrella insurance?
Hello,
I am trying to buy my first duplex in Florida and am close to closing. I am very concerned with personal liability in case someone gets hurt on the property.
It seems like I have two options for insurance:
...
Jeffrey Stasz
Sales license v. Technical License
This is something I find kind of interesting and thought I'd throw it out for discussion. We get a lot of discussion on BP around the relative value of getting an agents license but almost no discussion about the valu...
Account Closed
Zoning Question
Hi all,
I have a question about zoning and property conversion. Say for instance that housing within a market was designed for single-family, however, single-family properties within that area is truely expensive. S...
Krista Snell
Existing lease or create a new one?
Hello, I will be closing on my first single family rental in 6 weeks and this will be my first experience being a landlord.The existing tenant has been there for 4 years and currently has a month to month with the exi...
Jess Paskach
Sourcing a General Contractor
Hi all - what are your best tips and recommendations for finding a general contractor? I'm located in Boise, ID and we're in search of GCs for potential BRRRRs and flips. We're doing research online and while we've fo...