Drew Maconachy
Flood Insurance vs Water Backup coverage explained
I am an insurance broker who represents RE investors across the country. A common question that I get is, "Why am I buying water backup coverage if I have a flood policy?" The answer is relatively simple: they cover...
Justin Polston
Turned 105k package purchase into 245k in value
I'd like to post some real messy stories every once in awhile where I ended up being the buyer, and how the deal came to fruition. So as an indianapolis broker, property manager, and investor, sometimes my mind is BLO...
Gustavo Delgado
Should I pay off my balance?
Quick poll: just Yes or NoI have a managed account with chase that has been growing with the stock market. I also have a mortgage balance on a rental at 4.5% I got back in 2015. The account has been growing and is abo...
Matt Sears
First Property - Do I need to set up an LLC BEFORE refinancing?
I own one rental property that I came into by accident. I used to live in a condo, I moved across the country, and now I rent that condo out. I've owned the condo for ~5 years so I have some equity in it. I'd like to ...
Patrick Kucera
Looking for Advice - LLC & Trust creation
My family will be going through some major life events this year (military retirement, relocation, new jobs) and wanted to ensure we're fully set up to protect our assets and leave a legacy to our children. We curren...
Ed S.
Looking for Delayed Financing Source
Hey all you BRRR experts out there....I am looking for a source for delayed financing for a BRRR property. I purchased the property with cash 4 months ago, and want to finance it now (as opposed to waiting 6 months fo...
Account Closed
Notice a slowdown? Explosive Inflation Leads To Record Collapse
I haven't seen it in the several markets I buy in, but then, this is supposedly a leading indicator. That looks like a "Thud" (loud noise follows) to me.
"Explosive Inflation Leads To Record Collapse In Home, Car P...
Jean Bolger
Profile hidden?
I'm running across some posters who have their profile hidden. Is this a new thing in the "new BP"? I'm curious as to what it's about. Why would a person choose this?I'll often click on a person's profile before answe...
Chris Duzan
First Time Buyer
Hey guys,Looking at buying my first house, so of course I'm looking into an FHA loan. Quick question on how to go about acquiring it.Seems after all the bickering back and forth between whether to create an entity or ...
Triston Murray
Best way to source potential deals? Help!
Hey BP! I haven't posted too much here. But I thought I could really use some advice to get to the next level...The Plan:1. Short Term = Buy, Rehab, Sell - Chicago Illinois area, or elsewhere2. Long Term = Buy, Rehab,...