Hi guys. I have properties in Los Angeles County insured with State Farm. I am interested in buying another single-family home in Los Angeles to rent out. But State Farm no longer accepts new insurance in California. ...
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Last week I went under contract with a wholesaler in Austin and the double-blind close is scheduled for early next week. It does not look like I'll be able to get a survey in time for the closing. The house is in an o...
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I am close to closing on my first flip. Closing has been held up for almost a month due to a title issue. A prior mortgage discharge was signed by a company acting under POA, but the POA was never recorded. The sel...
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Hello BP community! I have 2 STRs and am working on my direct booking strategy. Before it can be finalized, we need to have a business name and brand. We have a name we would like to use for our group of rentals, but,...
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I am trying to figure out which is better to use for a property I am looking to get out of my name into my LLC...a quit claim deed vs grant deedPlease let me know what you think
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I am still on the phone (on hold) dealing with the insurance company as I type this. They are refusing to insure my rehab at its true value. I purchased the property for $130,000 a month ago, rehabbed it, listed it,...
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I will soon be closing on a duplex rowhouse in South Philly. I'll be living in the top and renting out the bottom or vice versa. In getting quotes, a couple things confuse me. Would appreciate help.The quotes I've bee...
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I just finished reading BP's "The Book on Managing Rental Properties" and there was an interesting suggestion to create a policy binder, complete with mission statement and values, to help you focus on what's importan...
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I just bought a forclosure at the courthouse steps. Had quote for insurance all lined up. The house is occupied and I'll have to have the people evicted. The insurance underwriter wants an electrical inspection with...
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What service do you recommend for doing a soft pull on a potential borrower's credit?
I need something simple that I could utilize today.
Thanks