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Results (5348)
Mike Vu Rent loss coverage insurance
2 March 2022 | 7 replies

Buying a fourplex and closing in 2 weeks. My questions how much rent coverage should my policy have? 100% of rent income? 50% rent income?On another note how much liability do you recommend? 300,000? 1 million? Proper...

Angela Hollis Attorney retainer fee for eviction
13 December 2015 | 4 replies

Is $3750 ($250/hr x 15 hours) a reasonable retainer fee  for an eviction of a buyer on a seller financed transaction where buyer is overdue on balloon payment (by 13 months), but continued to pay monthly payments, alt...

Steve Christensen Wholesaling Short Sales by Assigning Trust Question
23 September 2015 | 4 replies

First, is this illegal (by the way, I am in the state of MO)? Second, if it is not illegal, how is it not?I am coming across conflicting articles (http://speakingofrealestate.blogs.realtor.org/2011/09/07/fraud-are-you...

John Nguyen Ready for “Executed Plan” to Invest Out-of-state
3 April 2020 | 8 replies

Greetings BP Community!
“Locations, locations, locations!”There is no opportunity for me to invest in the Bay Area where I live. “70% rule and 1% rule, 10-12% C-O-C Return, etc. are inapplicable here. I am lucky enou...

Arnie Guida Telephone Pre Screening Tips
2 March 2017 | 2 replies

I'm not good at telephone pre-screening...I admit it...So, from what I've read, it's important to emphasize your requirements, whatever they may be....for example, income 3xrent, no evictions, no felonies, no pets, 2 ...

Ian R. New Investor in San Antonio, TX
8 November 2016 | 8 replies

Greetings! I'm Ian Rosado, a new investor in San Antonio, TX. I'm a retired military veteran currently working for the Department of Defense. However, real estate investing has always been an interest of mine and now ...

Nazz Wang How to Draft a Promissory Note and Deed to Private Investor
4 January 2015 | 6 replies

Hi BP family,Through what avenue do you actually draft a promissory note and mortgage deed for a private investor?I have finally convinced a private investor to carry a 65% ARV note on a property of mine. This is not ...

Nathaniel Wenner Inherited Tenant Threatens to Sue for Inherited Issue
8 November 2022 | 2 replies

I purchased this property in June 2022 and inherited 4 tenants. 2 have since moved on and 2 remain. 1 tenant recently complained of mold in her unit. There was no indication of this on the home inspection and she has ...

Will Sifert Tax lien states - apply for deed or lawsuit?
22 September 2021 | 1 reply

For Tax Lien States....
After the redemption period expires, do you apply to the county treasure for a deed? I know some tax lien states do it this way, just not sure how many.
In Louisiana we do it differently. N...

Jonathan G. Who pays for re-aiming Direct TV after reroof..Landlord or tenant
20 March 2016 | 5 replies

Hello,New to bigger pockets and looking for advice about an issue that I think may come up. Recently bought a property and a tenant already had a tv dish on the roof. I am getting the roof redone(rubber flat roo...