Mynka Morris
Newbie from Los Angeles, CA wanting to master house hacking!
Hey Bigger Pockets Fam! My name is Mynka and I'm a production manager in the fashion industry currently working on getting my real estate license in California. I've definitely been feeling lately that it was time for...
Megan Phillips
Lister has it as single family, but it's a duplex?
My title search came back yesterday, and the town's lister has the property as a single family home, but the wastewater permit (circa 2013) for the property lists it as a duplex (also the MLS) and that's what I'm tryi...
Ayodeji Kuponiyi
Using Master Lease or Other Options to Close Deal, Thoughts?
Good day BP Nation, I'm hoping the great people hear can help me seal the deal at a property I'm getting under contract. Asking price: $1,135,900 26 unit (22 unit apartment and a 4 unit next to it) 8% Cap RateMy offer...
Jake Durell
Do all 2 unit condo master policies require an insurer
My wife and I own one unit of a 2 unit building which we are living in. For whatever reason, we have an HOA for the building. The other owner own rents the upstairs.
When I started inquiring about coverage for STR in...
Jason Brown
Lender is asking to be added to HOA Master Policy
Hi all,I am having some issues going through a conventional finance of a condo I am buying here in Miami. This is the second lender that I have been through that has run into problems trying to close on this condo.The...
Anthony Tse
Looking for advice on a Master Lease opportunity and lending
Hi all,I am hoping to get some information on a Master Lease opportunity. Details below: The master lease is for a commercial retail space. The location is great, across from a train station and on a busy street with ...
Lisa Bryant
Opinions of using a Master Insurance Policy (ReinsurePro) Vs traditional
Has anyone used a Master Insurance Policy to cover multiple of their properties? Recently had Travelers drop one of my homes claiming trees near roof. The closest limb was over 15 feet away from roof so I suspect th...
Austin Snyder
Master Lease Option Questions from a First Timer (Please Help)
Hello, I am working on my first multi-family deal as well as my first time working with a master lease option. It's a unique opportunity and even a bit strange so I'll provide some context below.It's an off market 50 ...
Edward Stephens
Goal Achieved: Leased My Master Bedroom to a Great Roommate
BP Family,Yesterday I successfully leased the master bedroom of my home. I know that doesn’t sound as sexy as leasing out an entire house to someone, but I did learn a lot in the process.Late last year I purchased a ...
Kyle Barteaux
loss assessment coverage to cover gap of master HOA policy
Recently I listened our condo for sale and am now in escrow. Our HOA was dropped from insurance and picked up a new policy 6 months ago - it was the most amount of coverage the insurance company would grant them. This...