Britt Clark
Easement Issue - Sewer and Water Drain
I found an off market deal with a seller who is willing to do owner financing. The seller disclosed the property sits on two easements, one for a water drain and the other for sewer. I am concerned with being able to ...
Christopher Smith
Development of Condos vs. Townhomes vs. Apartments
Thank you for taking the time to read and respond to my post. I am not new to real estate; however, I am going through my first new development of 29 units. I am developing my first vacant pieces of land to accommod...
Jeremy Marek
Pet rules for leases
Having a new dog move into one of our units. Was wondering what kind of lease rules you guys add for pets and how much extra for security deposit and monthly rent?
Anil Shah
Using Agent Commission towards down payment for my own Investment Property
Hello BP Community, I am under contract to purchase a new construction home as an investment property and I am the RE Agent. Initially, we wanted to have the loan under my wife's name only but my the loan officer fro...
Christopher Lee
Out-of-State company as property owner for asset protection??
Hello Friends here,
I run a real estate business in California. A while ago I saw a post here teaching landlords how to avoid liability by setting up a company/ the property owner in another state, so the tenant cann...
Juan Angel Castillo
LLC loan without personal guarantee
Hello, I am 1 of 2 owners in a real estate LLC that holds 4 residential real estate properties that are fully paid off. Does anyone know if it is possible to obtain a mortgage loan to acquire an additional property wi...
Sarah Dinsmore
Wholesaling Foreclosures
Hi, I'm new to BP and I have a strategy question. I know several people who have steady income but might not qualify for conventional loans because of their debt to income ratio (due to high student loan debt and/or ...
Carlos C.
Insurance for rentals and LLCs
Hi, I'm making a few changes on the setup of my rentals and would like advise on the way the insurance should be setup to have adequate/optimum coverage. I have Farmers insurance Company.Rental ABC Main St. 1- Add a L...
Tyler Brown
Decision Advice: Sell Vs Hold
High level decision making question: how do you decide when to sell/1031 vs hold?I have a Vegas 4 plex that has appreciated and cash flows well. Purchase price ~$425k, owe ~$320k, PITI ~$1600, rent ~$995 per unit. Sim...
Quinn Rudolph
Landlord Insurance and Umbrella Policies
Hey everyone! I have a couple single family rentals in Texas and I want reduce my liability as much as possible. What extra steps do y'all take to protect yourselves legally? Does anyone have a great experience with a...