Maher Bateh
vacancy insurance?
Just got my first home to flip and need some info on vacancy insurance. What should I expect to pay? I assume its by month? Any formula I can use to estimate cost? Help is appreciated. Thanks!
James Tran
UNSECURE BUSINESS LINES OF CREDIT
hi! does anybody have any info to guide me on obtaining an unsecure business line of credit for my llc entity? any recommended lenders, affiliates, programs/education, websites, etc... etc... I've read up quite a bit ...
Account Closed
Tenant is AirBNB my property without permission.
I leased a nice large house in West San Antonio. A couple of months later I get a letter from the city saying I need a permit to do short term rentals. It turns out the tenant never moved in but is AirBnB the property...
Patrick Stevens
Long distance property - What do I ask my property manager to make sure they are doing a good job?
Hello! This is my first post, since I haven't posted an intro yet.I have a property in a Phoenix suburb that is managed by property management. I interviewed 6 management companies to choose the one I did.Now, the p...
Polina Goncharova
Meeting my tenants - first time landlord!
Hi BP Folks,One year since I started on BP, I've finally purchased my first Buy and Hold in Chicago Pilsen area. It's a 3 flat and is fully rented, due to my FHA loan guidelines, I will be moving in once one of the le...
Andrey Y.
Okay to ping two different lenders?
Wanted to know what your opinion was on contacting more than one lender, to get approved for a loan for an investment property. I think it may be wise in case one of them gives the better interest rate or terms. Any e...
Max Briggs
My first Rental Property Purchase - Good Deal?
The following is an updated version of what I posted on my BP blog recently. I'd like to hear what people have to say:I recently purchased my first rental property in a neighborhood that is renting between $1000 and ...
John Thedford
Properties For Sale Are NOT Comps
Just had another "wholesaler" send me a PM through BP. They have a house on Marco Island they need to sell "fast". I queried them if they have it under contract. The answer was "yes, we do". I then asked for comps. Th...
Aroldo Villarreal
Wait a minute, I thought you said no agent commissions?
Good morning everyone! I have been meeting with sellers and making offers but haven't gotten one accepted yet. I got lucky on my first deal of this year. I called a FSBO, got it under contract, and assigned it to make...
Russell Carter
Lease Purchase Deal
Good evening, BP Faithful. I may have a deal (my first). I spoke with a seller who has a house for sale (asking price $80,000) who is also willing to do a lease purchase (12 months at $900) per month. Out of the...