Jenny Letto
21yr old First Time MultiFamily Buyer in DESPERATE Need of Advice
Hello Everyone! This is going to be a LONG one!I just turned 21 and I am preparing to make my first purchase no later than May of this coming year. I am very excited, but I want as much advice as possible as I am awar...
Account Closed
Umbrella Insurance
Finally found a company ( Nautilus Insurance) that will write me a stand alone umbrella for 1 mil with having about 20 properties. Still debating because the price of 732.00 was a little higher than expected.And still...
Account Closed
To Replace the Roof or Not?
I had 4 different roofing companies assess the roof of my long term rental. All but 3 have recommended replacing the roof completely. It already has 2 layers of shingles, needs a cricket for the add-on chimney, new pi...
Noah Barba
when to test for lead paint?
Hey Everybody, after finding a potential fix and flip, I noticed mold and asbestos. That got me thinking about lead based paint. This is a house build in 1930 in Garden City, MI. What are the chances this house is cov...
Derek Hutson
Unconfounded roommate fears
Hello!In the near future, I will be making a move on a property that I will be house hacking.However, my soon to be wife is afraid that any roommates we may have that she does not personally know will turn out to be e...
Kristian Clemens
New Member from San Francisco, CA
Hello BP community! My name is Kristian, and I'm a newbie (OK, longtime lurker) in my late 20s from San Francisco. It was always my dad's dream to build a portfolio of rental properties that would enable him to quit h...
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Out of state investing
I am a young professional currently renting in a very expensive part of Southern California. I am hesitant to buy a home in my area because they are very overpriced ($700k for a small 3BR townhouse) and I have been s...
John Kernen
First crack at a purchase has been discouraging.
I have been looking for ther right deal for some time now. Dragging a realtor around to every house in town. The market is tough right now but I keep hanging on the thought that if I don't get started I never will....
Jered Sturm
Tricky Tax question on sale of primary residence.
So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...
Catherine Peters
Difference between banks and brokers? Need Mortgage 101 help!
There has got to be a wealth of information on BP about this subject but I can't find it! I am interested in the BRRRR strategy and also out of state investing using conventional mortgages but want to get the best ter...