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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...
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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...
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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...
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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...
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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 ...
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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 ...
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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 ...
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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 ...
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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...
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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...