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I started my real estate investing journey during the pandemic and have not needed to use an LLC. I have been able to structure each rental property to where it is not necessary with the correct insurance and property...
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Hi BP friends. I’m going to be closing on a property that requires the entire home to be upgraded from knob and tube.
Here’s the numbers
Purchase Price $44K
Knob and Tube upgrade $13K
Insurance premium $2246/yea...
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First off, yes everyone is ok. One of the tenants does have some third degree burns but will be fine. No other injuries so we are thankful for that. That being said.I recieved a call from my tenant Saturday morning...
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Hello Bigger Pockets! In keeping with my habit of “do some research, write a post,” I’ve been looking into short and mid-term rentals as compared with a more “normal” long term rental. Specifically I’ve been trying ...
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Hi,My name is Susan and I'm new to the site. Was wondering if anyone can suggest a good insurance company. I'm getting quotes of $2k-$3K per year for vacation rental insurance. That appears to be very high. Would appr...
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Hello everyone. Quick piece of advice. I have a home that is already paid of. I would like to purchase another house as a conventional loan and "house hack it" to get better interest on the home and eliminate taxes on...
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BP Family,I am looking at purchasing a small hotel/motel (40 keys) and I'm wondering has anyone had any success using creative strategies (short-term option, owner financing, etc.) to work a deal? I know the parameter...
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New to BP and really enjoying the great information in the forums.
I have two rental properties purchased in the past year with good cash flow. They are financed with 20% down through a conventional loan with a port...
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I think the answer is a resounding 'yes' but wanted to get your opinion. I have a couple of investment properties in Portland OR metro area. As the region is bracing for a big one, should I be getting earthquake cover...
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I’ve done new construction projects and multiple jobs down the studs with additions.Now I’m getting towards my 6th project and wondering if it makes sense to be the GC. Im not looking to do any work but simply sub out...