One of my rental property got burned but not completely burn down. I have claimed the insurance and they pay me out around $50k to repair the property.My property manager sent the contractor to get estimate for repair...

I originally posted this in the development and new construction forum, but didn't get the responses I was looking for. I thought this might be a better forum for the question. Thanks!Recently, a friend and fellow rea...

I am a new whole seller and I met with my first cash buyer today. When I asked him what he wants his percentage profit to be, on average, he said he would like to see 20% of the ARV. Is this a reasonable amount and wi...

Hey everyone,

Finally, one of my offers was accepted and I planned on owning my first rental property. As I was going to sign the e-documents the banker who we are using advised the closing cost will be 4500 plus 13...

Good morning BP Family! I hope everybody has had an amazing week and is looking forward to an even better weekend! I'm still on the hunt for a new acquisition and am looking for SFRs or multi units in the Indy area (b...

Has anyone used a Registered Agent when forming their LLC? If so what company did you use? For privacy I do not want our names used.

After evaluating deals and having a shortlist of 3-5 that could potentially work.  What is the process like or when is it appropriate to have a general contractor go out and give me the cost of the Rehab?  I want to r...

Hi, Everyone: I am about to build a small mixed-use new construction. I need someone to review the construction contract with the general contractor for me: either a lawyer or an online legal service provider. Do you ...

If you have a duplex and occupying one side and renting the other, should you require the tenant to carry renters insurance?

I'm in an LLC and we jointly own a 5 unit multifamily property.  One of the partners is interested in selling their 2/5 share and I'm interested in purchasing.  To facilitate this, we had an appraisal done on the 5 un...