Account Closed
Lending only Purchase Price for a flip?
Hey everyone I am expanding my REI business and I have done 5 flips in 3 months. I am speaking with lenders on getting loans for my next big push this upcoming year and I can't seem to find anyone who just does the pu...
Ian Francis
To Get or Not to Get Home Owners Warranty for Rental Property's?
What is everyone's opinion on getting HW for Rental properties? I know the obvious pro's to it, but what are the cons? Thanks in advance for the insight!
Mark B.
Accounting while using a PM
Good morning all - I've been using a property manager for 2 years now. They use appfolio, and on the 15th of the month, i get my owner payout as well as the owners statement (pdf). I go through the statement line by...
Kyle Debiase
atlantic city STR flood insurance
ive been shopping around atlantic city for a single faMily home to purchase to use as a STR. i was wondering who you investors in AC are using for flood insurance and home owners insurance,and what are you paying annu...
Robert E. Medlock II
How I doubled my monthly CF to $800 in 10 min
It is no secret that money can be made in real estate. That of course is assumed that the "lucky ones" will always get the best deals. I just so happened to be lucky this day, I guess.My story begins by telling you th...
Kris Parks
Cross Boarder Taxation / Canadian investing in USA
Hello Everyone,First time posting: My friend is a US resident that purchases and flips houses through a single member LLC (taxed as an S-Corp). In order to do a certain flip, he needs me to go in as an investor for 15...
Daniel Harnsberger
Insurance Claim on Subject To-Financed Property
Two days ago I got a call about a rental property I own Subject To the existing mortgage. Apparently someone tried to rip the HVAC units out for copper, but were caught in the act. However, the units are very badly ...
Cliff H.
New AirBnB Host Cancellation Policy - 10/9/23
AirBnB just updated their Host Cancellation Policy to remove the $1,000/booking cap, remove the "The listing doesn’t fit the needs of the guests" as a valid reason, and tiered cancellation fees across the timeline bel...
Miguel Dormany
Home Warranty
Hi BP members,I have a question in regards to the investment property and having insurance and warranties on them? I have the normal insurance policy on my investment property as well as a basic warranty policy on th...
Kyle Nacci
Is it worth it to file a loss of rental income claim?
My wife and I own a multifamily and submitted a claim to our insurance company (Vermont Mutual) for a roof leak in May of last year. We've experienced frustrating delays throughout this entire process, and while we've...