Kevin Reed
OKC - Hot deal in my hands?? Duplex
I’m new to this BP. Looking to buy my 2ndinvestment property. Duplex 2 of 2 units leased out in Oklahoma City, OK. Each unit 2 beds and 2 baths. Built in 2016 & 55+ Community w/ HOA.Asking: $334,00025% Down: $83,7...
Kerry M.
Why not occupied and renovation insurance?
Hi - we're close to deadline on a renovation and the insurance is my concern. We have been doing large changes: the walls are still open until the new baths are plumbed. The electricity is being mostly redone and ...
Cheryl C.
Questions on liability issues of using "handymen"
Hello BP Nation! I need some advice. I plan to hire some college kids for general labor on a farm we own. The work will involve use of chainsaws, tractor, ladders, etc. I am worried about what happens if one of th...
Dominik Myslinski
first purchase in MF in westchester ny area
hiim new to BP but was reading up on discussions. i live in westchester area (peekskill) and currently looking at a MF in the area (cortlandt/shrub oak/yorktown). Westchester taxes are pretty high but I want to do a h...
Stefhan Malherbe
Insurance provider for STR in a 1970's property
Hello,I've been struggling insuring my property while I was renting it as a long term rental due to the property age (1970's). Speaking to other LL, we all have the same issue, only Citizens or Heritage insure propert...
Chris Taylor
Insurance Requirements for Rental Property
I’m a newbie so I think this question is appropriate. I’ve received different answers from different people so here it is. For rental properties ... do lenders require your insurance to cover replacement value of th...
James Kim
2nd home mortgage and investment
Hi,I was wondering if anyone knew what happens when you convert a 2nd home to a long term rental property? The second home mortgage has a good rate and I believe I have it classified as a home rather than an investmen...
Patrick Lee
Seeking Advice On A New Client Who Wants to Work With My Company
Hello,
So I recently was given an opportunity by an associate of mines who referred a client to me that needs a "holding-hands" sort of speak professional to help them do fix and flips on their portfolio investments....
Shona Lepis
Asset based loan for an STR loan using OPM
Does anyone have any experience or advice using a DSCR loan (debt service coverage ratio loan or asset-based loan) using OPM (other people's money) for the down payment? We trying to creatively solve this for an STR (...
Peter B Ana
AirBnB the right way in primary home
We want to rent out a basement apartment in our primary home on AirBnb (or long term rental with standard lease). Would love sage advice on what/how to do this right.
ASSETS
650k equity in home, stock/bond investm...