Allen L.
Home Warranty for rental properties
Hi guys,
I just purchased a home warranty plan for a property that I own as a rental. I think many people here would think this is a terrible idea but I think the benefit is in the nuance so let me explain.
First, h...
Ryan Horan
Homeowners Insurance for 1st Rental Property
We have our first rental property in Indianapolis under contract and I've received a couple quotes for homeowner's insurance, 1 was nearly double the other. I was hoping there was a standard amount of coverage/deducti...
Sunitha Alli
Professional help to arrive at offer price
We are making an offer on an 1940 built home in down town Denver. This home is 750 sqft with 750 sqft in basement. Lot size 4500 sqft. There are tenants living in the home. Home is not well kept and needs a lot work...
David T.
Does staging a house really add any value to the sale?
Hey BP,During to foreclosure boom in Las Vegas we never staged a single home we sold and it became very obvious that what sold a property quickly and at the high end of comps was the quality of the finish. Because of ...
Obed Bermudez
Ughhh Closing Costs! How to properly estimate????
Hello BP community,I'm currently attempting to figure out how to accurately "guesstimate" the amount of closing costs for a residential property. I understand that closing costs include fees incurred by the title co...
Joshua Manning
VA Fix and Flip Strategy - Low Cost Flip
Hey BiggerPockets,I've recently decided to go to enlist in the National Guard for various reasons and become a weekend warrior. Afterwards I will be a veteran and eligible for a VA loan with 0 down. When I realized th...
Michael Zagorsky
Cost Basis and Losses for converting rental to personal residence
We had a tenant leave our rental property in May of this year. We received about $5,000 in gross rent. The tenant trashed the property and we had to spend about $8,000 on repairs. Including new paint ($4,400) an...
Tom Scott
Adding Mobile Home to Vacant Land
Hi all, the wife and I live in the country and land prices are pretty low where we live. I'm curious if anybody has had success buying vacant land and placing a nice single or double wide mobile home on it and renting...
Andres Romero
buying home?
I would like to know if I could buy I home with 20% down do minor fixes and reselling it could I do that or will I need to take out a loan and pay that in full in order to sell it?
James Lewis
Moving a doublewide
Looking at a pretty cheap doublewide right now that needs to be moved. What kind of expenses are involved in this? Is the fee greater the farther it has to go? I don't have a spot for it to go yet, but right now th...