Shanequa J.
Letting the owner stay for free
I came across a house in one of my areas. The owners are old, late 80s, and they owe $5600 in property taxes. I would like to offer to pay their taxes and let them live their for free if they signed the house over to ...
Devin Bost
Subject-to existing financing after notice of default
I'm trying to figure out what options I have with buying properties after the seller has received a notice of default. I've heard some investors have success with buying properties subject-to existing financing, but I...
Mike Reynolds
Lenders, need some clarity
I had a deal fall into my lap. Suffice it to say I have to take the deal one way or the other. No choice really. 20k owed on back taxes. No liens that I know of. I can loan the money or buy it outright. It's a family...
Amy C.
LLC
Met with attorney last night to discuss issues re: first investment. One item was forming an LLC, which attorney said he could do for a bit less that $1000. Today, met with banker (Wells Fargo), and during the co...
Taj T.
Landlord Insurance Question
Hi All,I'm newer to the community, and excited to connect with some folks in BP! I have been an RE investor in Oregon for around five years, currently holding three units as rentals (duplex and single family).My ques...
Sarah Blesse
Insurance in Wildfire Zone
I’m looking for advice on insurance providers in Mariposa county. We’re looking at purchasing a STR and having a hard time finding a property insurer that will take on both fire and home insurance. Anyone have luck in...
Allen Lopez
Rent insurance for tenants?
Hi everyone. I’m just curious about what’s everyone’s opinion on renters insurance? Do you guys make tenants get it? Do you guys leve it optional? Do you guys even mention it?
Does renters insurance benefit us landlo...
Geoffrey Tanudjaja
Homeowner's Insurance for Buy&Hold Investors
Hi BP Community!I am currently shopping for insurance's quote and I am confused with what they have to offer. The property (duplex) is located in Detroit, MI. The size is around 2,000sqft and was built in 1928. They j...
Danial Williams
Tenant Hotel Expenses During Repairs
We have a rental property that experienced a major plumbing issue - water leak in the wall. The contractor says it will take 2-3 weeks to complete repairs and the management company is asking if we are willing to pay...
Max T.
Life insurance options - question
1st question - What is the best "length of term" for a life insurance policy?My understanding is that I can choose how long to set the contract, but the longer the term, the higher the premium. My premium would be on ...