Robert Williams
Rental property had a fire.
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...
James Ross
Short vs Long Term Rental Recurring Costs Summarized
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 ...
Susan Wong
Vacation Rentals in Big Bear Lake - Insurance
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...
Peter Keddis
House Hacking Question
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...
Jeff Shane
Hotel Investment Strategy
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...
Larry Zucker
Running out of DTI on conventional financing
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...
Shaimon Luke
PDX Metro should I get earthquake insurance coverage?
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...
Ben C.
Hiring a GC Vs Subbing out work yourself?!
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...
Dave Jones
Thompsonville, Enfield Cap Rate
I am looking at 6-10 unit buildings in the Thompsonville section of Enfield and want to determine the cap rate for the area to help determine the value of these properties. I know it is a rough area which is why I wa...
Stephen Page
First House Flip - Question about insurance?
Hey guys! I have my first house flip under contract. I called my local insurance agent about quoting the property. I explained it was a fix and flip and she provided a standard homeowners policy with what looks like c...