David Krulac
Most Insurance doesn't cover 6 claims...
NOT covered by insurance:1. FLOODS, can be covered by separate FEMA flood insurance but not by home owner or rental policies.2. EARTHQUAKES3. SEWER BACKUPS4. PESTS rodents and bugs5. SINKHOLES6. MOLDMany of these c...
Barry Enix
Purchased house advertised as having a new roof and began leaking
We purchased our home almost three years ago. The house was a fixer upper and listed for sale as having a new roof. A few days ago we notice a small amount of water intruding through the ceiling of our dining room. ...
Michael Episcope
Portfolio Managers Forecasted Returns Explained
If one portfolio manager forecasts a return of 20% on a real estate investment and another one forecasts a return of 15%, which one is the better choice?Answer: It depends on several factors. With hundreds of real es...
Andrew Tetrick
Asbestos and abatement advice?
We are under contract for a house that I suspect has asbestos popcorn ceilings. I know there are a few ways to deal with this without testing and abatement, but I’m new to this and want to make sure I’m doing things ...
Jarrett Mitchell
How to know if you're in a good position for a rental
So my situation is interesting at this point. My wife and I are moving from Nashville to Atlanta, and we bought our first house last year. We were planning on living in it for 5 years and renting it out, but that pl...
Lashad Hamilton
Newbie Investor LLC Question
Hello BP community,I am currently in the US Navy and my contract is over November. I am currently stationed in Southern California but plan to move to San Antonio, TX to live and invest. I am cleaning up my debt to ge...
Chad Slater
Solo 401k as a Real Estate Professional
Hi, I am a real estate professional. Can I use my rental income to fund a solo 401k since I'm managing all of my properties? My rentals are held under LLCs.Thanks!
Johan Yang
Buying Older Single Family Homes
Hello,I am trying to educate myself on sfh. I read & heard some stories about buying older homes could cause headache. I have a few questions that maybe other BP can shed some light.1. What is consider older homes...
Larry H.
Remove Tenant Without Eviction
I have a tenant in a D class neighborhood out of state. She’s been terrible from the start. I’m at fault for not screening very well due to the applicant pool and neighborhood. Everything out of her mouth has been l...
Christopher Giannino
Becoming a Real Estate Agent?
Have others in the BP community started out in real estate with becoming a real estate sales agent? If so, do you feel it helped or hindered your start into REI. What are the advantages/disadvantages? Do you feel l...