It's been a while since I have been on the BP site, but I'm back. I currently buy fixers/dated properties for a flipping company in SoCal and we have been adjusting our numbers due to the recent decrease in buyer acti...
Hi Guys,For those of you who "don't shy away from manufactured homes on owned land (vs park owned land) you know that certain attributes like age and structural alterations can cause a manu to no longer be financeable...
Over the yrs I've heard many people say if you're investing for the long-term, get a fixed rate mortgage. Twenty yrs ago I didn't qualify for a fixed rate mortgage and the best I could do was an adjustable. I'm not ...
Have a hard time seeing the bad in them.
Just had one adjust down for the 3rd year in a row. It's pretty nice to not get locked into above market rates for your mortgage. :)
Interestingly if things do...
Hey BP!I'm ISO advice from someone who is experienced at running comps or even better, an appraiser. As a beginner, who has only done one deal, how can I figure out the amount to adjust a comp for certain features. Le...
Hi,Has anyone "worked" with or had some sort of relationship with Metro Public Adjustment, Inc? I'd like to know if anyone has any experiences that they would like to share with me. I responded to a job ad from them a...
Hi everyone,Thank you in advance for some advice. Last week I had a duplex in Iowa destroyed by fire. Fortunately no one was hurt, but everything was lost. It does not have replacement coverage. Would you recommen...
It seems as if a large number of buy and hold investors try to use the 50% rule for their rental properties. I myself think the rule makes perfect sense and that is what I use also.
I would like to get everyone's o...
I made a mistake of being presented by a guy who said he was a public adjuster. He was going door to door. Well he spoke with us awhile and like a half fool I signed a contract electronically with him, with his adju...
Hey guys I had a question about how you would handle this. Basically.....one of my rental properties needs a new roof due to wind damage. The roofing company said it has "extreme" wind damage and basically said insu...