Carrie Smith
Hard Money: Contract First or Money First?
I want to make an offer on a bank-owned 'cash only' house. I was hoping to have an approval from a hard money lender in hand before making the offer. But, the lender wants to see the contract before they even start on...
Timothy Gordon
Airbnb renter problems
I'm not yet an investor, but aspire to be one someday. My mother in law has been using Airbnb for the last several months to rent out her very nice travel trailer. She has had great success, and has had many great gue...
Chris Presnell
New construction insurance & workmen's compensation?
Hi,After spending some time accumulating rental properties and participating in a successful flip, a partner and I have set out to build a spec home. We have formed the LLC and have all the financing arranged. Our q...
Kathleen DeNault-Ridge
Very VERY small commercial deal with seller financing
I am considering the purchase of a small commercial mixed-use property. It is a building with two current multi-year leases (post office, yoga studio...no history of lengthy vacancies), and a very small owner-occupie...
Bella Batal
Are the Sellers terms reasonable?
BP fam, Can you help me understand if this deal makes sense?The Seller is happy to do creative finance, but is requesting a big amount of cash upfront to go towards loans. All buyers that have responded with interest ...
Sam Leon
New FEMA flood maps rezoning
I just checked all my properties against the latest FEMA flood maps here:https://msc.fema.gov/portalNow sometimes your county may also have a layer of this in their GIS system.In any case I noticed three of my propert...
Rodrigo Barreiro Pujol
Getting started with hard money
I am looking to get my first property using a BRRRR strategy to profit on my first rental and then grow from there. I want to use a hard money loan with 100% financing and find a good property to rehab and cash out re...
Mike Neubauer
Seller financing vs Regular sale
I’ve been listening to Mitch Stephen’s podcast and seller financing seems like it’d be a good fit for our business. Can someone share their insight on the financials of carrying a note vs getting the big pay day now. ...
Brian Powell
Do you rent out your property without home owners insurance?
I'm looking to buy my first investment property in Merritt island or Cocoa Beach Florida area and I would like to know if there are others who roll the dice on not carrying a full home owners insurance policy. I would...
Michael Ash
Insurance
I have a background in commercial real estate. When I do a commercial real estate lease I require the tenant to carry a liability insurance policy of $1-$5 million and to name me as an additional insured. I've looked...