Andrea Smith
Farm to Vacation Rental
Can I use a 1031 exchange proceeds to buy a vacation rental in Hawaii?Thanks,Andrea
John G.
Buy a condo, then sell later VERSUS rent for a year + ?
Hi all,I'm considering moving to another city for my first attempt at a fix-n-flip. I had planned on renting in this new city for at least a year during the entire process. But I've recently started thinking that it m...
Susan Al'Khafaji
Insurance policy for Entire portfolio Tampa Fl
Hi BP. I currently have about 8 rental homes under an LLC. 2 are being rehabbed and do not pass the four point inspection and are vacated. I have contacted several insurance agents for quotes/coverage strategies an...
Account Closed
Insurance Amount Coverage? Replacement Cost
I'm a bit confused by the amount of insurance I should have on my buildings. Currently, I have a duplex with a value of 150,000. My insurance agent has me hooked up with 350K in coverage as replacement cost. This s...
Hector Salas
Mortgage Insurance on FHA loan?
Hello BP community. My wife and I, are in search for our first multifamily investment property. We will be using the house hacking strategy. We have ran the numbers on many, and have came across a few that might work....
Daren H.
Small Investors and Umbrella Insurance...Waste of Money?
I currently own 6 single family rental homes in my own name (value ~700K total). I have landlord policies on each. The general/personal liability coverage on each policy is $100K. I also have the general/personal liab...
Dave Fagundes
Pet liability for landlords
I have a tenant who wants to get a dog. She's a good tenant (as evidenced by the fact that she raised the pet issue with me rather than just doing it), and I want to accommodate her to maintain our positive relationsh...
Adam Blandford
Help with 2nd investment
I am a 24 year old Marine Veteran that separated active duty service in July 2021. I bought my first house in September 2021, a 3 bed 1.5 bath 1200 sq ft with a detached garage. Purchase price 355k on a 5% fha loan. I...
Jorge Vazquez
Purchasing the company (LLC or Corporation) that holds the property
I've had great success this year by purchasing the company (LLC or Corporation) that holds the property rather than buying the property directly. This strategy has allowed me to save on closing costs, secure favorable...
Joshua Toste
How long does it typically take to sell a multi unit property?
In said example, if you're able to purchase a quadplex in upstate New York, that was under valued and under preforming; Then proceeded to substantially increase its ARV along with its monthly revenue. How long on aver...