Offer accepted on my first investment property, a fourplex!I'm probably going to post a bunch of questions today.I am a very cynical person. It serves me well sometimes and other times is a hindrance.I ran across a li...
This might be answered on another forum but I trust the good advice here most always and need some guidance, After buying the property at auction we have started the renovation. One of the first items was the roof. Th...
Hey guys! Curious what you think on this one.. I have recently obtained a couple houses at a $180k for both purchase price($90k each.) Insuring both of these properties at their assessed value (375k, 285k aprox) would...
I am currently rehabbing my primary at the moment with plans to rent out this fall. I am doing mostly cosmetic fixes to a SFH currently. I am looking for thoughts on whether I should be proactive with replacing a 20yr...
Hello BP Community! I recently purchased my first SFH in January, have a tenant that moved in at the end of March and was excited to get my first check from my property manager for the April rent, until I received a ...
any suggestions on how to calculate a safe but not overly burdensome reserve fund for single family homes. How much should I put aside for emergency repairs.
Hello BP family,
I'm in contract for a home built in 2021, upon the home inspection it was found that about 1/4 of the roof has these defected shingles that have a line/minimal crack through them. Had an alternate r...
My family and I are looking to move from our current town home into a single family home in a much better school district. I’ve got the age old question of whether we should sell our townhome or keep it and make it ou...
I've read a lot of the discussions about this topic, and still feel the need to know the following. Cut and Dry.Do I need ACV or RCV?Do I have coverage up to my loan amount or up to my ARV?Do I need builders risk AND ...
Hey Fellas and Ladies,
I'm working on an article about lease options and I'm not the pro at these, so I'm wondering:
If you do a lease option on a property, and the furnace goes out, there is...