Hi, I am a relatively new Real Estate investor. I know that many investors form an LLC in order to mitigate a potential liability in case of a lawsuit. The question is – is there a type of insurance that covers/mitiga...
My tenant called me today to let me know her neighbor shot a shotgun through the wall into the bathroom (this is a condo. I haven't had a chance to go by yet but it seems like the only damage is to the walls, but at t...
I have a no business clause in my lease and the tenant basically takes phones calls for his business from home when he is there but does not see clients there. The nature of the business is travel related so he trave...
Hey BP,I recently bought a property that needs a little TLC before turning it into a rental. I'm currently laying new laminate floors throughout the house and have now gotten to the living space which contains a wood ...
Let's say I purchase. house hack with an FHA loan, would the closing cost still be roughly 4% of the whole property? Would I be responsible for covering the whole closing cost? How do closing costs work? Any advice w...
I know the answer is likely talk to your CPA, but I am hoping that someone can shed some lights on this. I know a lot of it depends on a lot of dimensions, but I'll try to be specific as possible.I am considering ear...
Afternoon BP,
How does one go about being coming a private lender?I would love to connect and just get an idea of how/what/when/why to become a private lender.I know there are so many avenues and paths within real es...
I am in the process of purchasing an REO property but have now had the closing date moved twice by the bank because of problems with the title. The title company says they cannot insure it due to the bank foreclosi...
Hey everyone,
I have a house that I bought last year for a buy and hold investment, and I'm going to purchase one this year with the same investment goal in mind. I was looking into when I should establish a ...
When searching for a contractor, I would like to know your thought process as to what exactly you're looking for and what are some of the keys words that make you say "this is my contractor/person I'm choosing."