Alacia Mahnken
Buying a property with unpermitted work from an unlicensed GC...
Thoughts? Anyone have experience with this in Florida?
Details:
-Property currently under contract with a wholesaler at 76% of ARV.
-Rehab included new driveway, addition of bathroom and converting a room to bedr...
Bryce Jamison
How to Collect Deposit with Direct Bookings?
How are you collecting a deposit, or putting holds on credit cards, for your STR direct bookings?We want to avoid charging them for the stay plus the deposit, then refunding the deposit after they check out.
Manan Patel
Homeowner's insurance for a rental property
Hello BP Family -
Happy New Year!
I am about to close on my first rental property in coming weeks. I want to know the general/specifics that I should keep in mind as I shop around for a policy. Any bitter/sweet ex...
James Peever
Hold over insurance during Reno
Hey BPClosed a property in upstate NY near Monticello. Very excited to get it going. BUT, wanted to get some feedback from the BP group. Should we get some type of property insurance for the house while renovations ar...
Balarka Velidi
Comps for renting property for home daycare business
Hi, I’m trying to rent my house and was approached by a prospective tenant who wants to live in the house and also want to run a in-home day care in it.
I am not sure how to price the rent for tenants who wants to ru...
Jay Shah
Member/Owner vs LLC as named insured on insurance policy
Hi everyone,I have an LLC that holds a couple of properties. Am getting a lower premium (approx $250-$350) if I have one of the members of the LLC as named insured. Upon some research, I found that the 2 disadvantages...
John Sayers
MF Syndicators; Why use a bridge loan, now?
I asked a similar question in a FB MF group but many syndicators seemed to shy away from the topic. Maybe more on BP can help educate.Topic: Using 3yr +1 +1 type bridge loans in stabilized MF deals (say 120U+, basic B...
Joe Geist
TO LLC or NOT?
Hello BP community.My business partner and I are close to purchasing our first rental in New Brunswick NJ. Recently I had a conversation with an established flipper/investor who recommended not worrying about an LLC f...
Amy Little
Thoughts about Property Insurance
I have 2 townhouses and a duplex. Although I have property, I'm still very much a newbie trying to figure everything out. On each property, the insurance I maintain is what the insurance company has quoted me for repl...
Matt B.
Vacation rental financing
I am looking to purchase a vacation home/investment property in Rhode Island. I am currently in NY, my initial idea was to use home equity loan or LOC from my current home for the down payment.
1. Is this a good ide...