Hi BP,I converted my SFH into 2 units a year ago. I’ve been house hacking one side and I’m renting out the other side. I’m considering fire dwelling coverage or “landlord insurance” to protect myself in the event tena...
Hi I’m currently a student to the game and trying to learn about real estate. When it comes to section 8 tenants and possibly renting to them. Is there a way to find out how long a tenant list is for a potential city?...
Has anyone ever worked with LoanDepot to get a loan reinstated on a pre-fore property? I am looking at a deal right now and it seems as though they have about $25k in arrears/fees, this is just an assumption accordin...
Hello. I just recently discovered the biggerpockets.com podcast and instantly became hooked. My wife and I have a LLC in Louisiana, but we live in San Antonio, Texas. We just purchased 2 four-plexes in Louisiana an...
Hi All - I am under contract on a house. The buyer's agent, within the option period, had a plumber come out to the house to perform (what I think) is a hydrostatic plumbing test without my consent. What they did was ...
Hi Everyone, My wife and I are looking at buying our first rental property. The house we are looking at is a 3/1. Its a very solid house. It has a new roof, new hot water heater, and a newer AC unit. The only problem ...
Hey everyone,I am buying a 6 unit property under an LLC, when I write up leases do I sign them all under my LLC name? Also do I need to start separate bank accounts under my LLC name and keep everything separate from ...
Hi All,I am new to this forum and have been impressed by the wealth of knowledge in this forum. It is very difficult to get unbiased RE related advice from pros and there is no better place than BP to get that advice....
We have a vacation rental in a vacation rental area. We've only had it about a month. The neighbor lives there full time has had some real hard times with a big storm blowing all of his "stuff" (junk) around the yard....
In the book How To Invest In Real Estate, the author claims that a property that doesn't meet the 1% rule will never be cashflow positive.Here is a proof against it. Buy a property for 500K cash, rent out for 2.5K, su...