Hello BP Folks,I have only invested in residential real estate (MF and SF). I'm looking at knocking down my first "commercial property". It's a small single story office building. Roughly 6000sqft (4 - 1500sqft) offic...

Hi BP family!I am under contract on a duplex in Raleigh and was hoping to get a few insurance recommendations for companies or brokers that you like to use. Thank you!Ryan

HiI am in the process of purchasing a fourplex and want to find out the best way to ensure that the contractors who worked on it have been paid and all permits are closed out. Seller is fixing property and I am buying...

Hi all, I'm supposed to be closing on my first wholesale deal next week. And I just found out that there is a problem with the H OA not wanting a non-occupant owner to buy it. I dealt with the H away paperwork two wee...

How's it going everyone?!? I'm a full time math teacher, part time everything else but recently really have the desire to focus on rental properties for a possible career change. Middle school math is fun and you real...

Are any of you using revokable trusts to get your shorts done? I've heard of a few investors using them, but I'm not sure what the advantages and disadvantages are. With the FHA seasoning limits being lifted it seem...

Here is the situation. I would love to hear your options to solve this issue:1. I need to find hurricane insurance in 2022 to close a transaction, that will use an SBA lender2. All the insurance companies I contacted ...

We lost our STR this spring due to a wildfire. Our insurance (replacement policy) has paid out the cost to rebuild which our mortgage company is holding. Every cent of this insurance payout will be going to rebuild th...

I set up two SMLLC's for liability reasons but since then, decided to buy umbrella insurance. I want to eliminate the extra paperwork and expense of owning two companies (bank fees, tax prep, insurance policies/co....

I cant find this exactly on the IRS pages, but I have read on some sites that I may have to claim the insurance payment, as rental income, and then the entire cost of the repairs add to normal repair on schedule E. Is...