Now that Mauna Loa has erupted, what's the property insurance company going to do if the lava hits a residential area like Hilo? Are they going to cover it 100% ? are they going to raise property insurance for the who...
I am selling my investment property. After two days on the market, my realtor advised me to not go under contract with an offer that was $25K over asking and a had one-day inspection contingency. She said that our hou...
I hired a contractor who left his workers unsupervised, they painted the whole house but did a terrible job because the paint didn’t stick. The contractor tells me I should’ve gotten better quality materials and wants...
HELP! First time landlord here, three days into my first rental property and I can't get much action on my listing! Yes, the time of year isn't helping but the few bites I have gotten are *all* pet owners. Everything ...
I've begun looking into foreclosures as a possible avenue for BRRRR deals in my area but I know that the listed prices of foreclosures doesn't always reflect what the bank is willing to accept for a property. Is there...
Hello fellow investors, I need some advice. This is for a property someone else will be managing for me. I am getting ready to close on a four Plex in the next month and I’m having a hard time deciding on how much ...
Quick question . . . . for rentals, would you select a policy that is based on the replacement cost or the actual cash value? Obviously the replacement cost on an older structure is 2X or better what the property mig...
My wife and I have owned our Multifamily for over 2 years and currently decided to rent to my Aunt for under market value. I was not a BP member before doing so and I've only recently (2 months) begun educating myself...
Hello BP. I'll get right to the point. Bought a house in Baltimore City in 2005 (about a year before the bubble burst) with very little down. Fast forward 10 years, the house is underwater, but fortunately the market ...
3 bed 2 bath 2 car detaced garage 1674sf
Listed as REO on 8/11/11 @ $64k
Reduced after 120 days @ $59k
Reduced after 365 days @ $45k
Comps in area selling between $42 - 88k
Offer...