I'm closing on a duplex in Taos, New Mexico and found out the property was on the edge of a flood plain. The loan is requiring flood insurance. I was using State Farm for my homeowners insurance, but the quotes they...
Help for my sister: She has a 5 bedroom home with two bedrooms and a full bath in the basement that is fully furnished. She would like to rent out one of the basement rooms but does not know where to start. Does anyon...
I am just starting my first BRRRR and in the process of the rehab portion. I want to start looking for my second BRRRR but wanted to know if/how some of you are doing 10-20 BRRRR per year? I am not getting my money "b...
Hey everyone! Really need your advice and a big thanks to those who weighed in on this previously. After weighing all my options I have more detailed information. Quick backstory: I ventured into Airbnb in Orlando wit...
Read my story as I explain how one small property management lease omission can cost big bucks.What Happened:I own quite a few rentals in Bridgeport, Connecticut. After heavy rains yesterday, I got a phone call last n...
Hey BP,I'm hoping someone has experience in fixing clogged parking lot drains. I bought 2 4 unit properties that share a parking lot and at the time I bought it I didn't realize that the drain was clogged. Apparentl...
Hello everyone,
I’m 48 years old and currently rent with 5 family members. I have 450k to invest and trying to figure out what would be best for an early retirement. 1) Do I purchase a property now in the Bay Area t...
I have a unit in a duplex (in Texas) that's occupied by long term tenants that were there when I purchased the property. They are an elderly couple and the husband is handicapped. He can walk with a walker, but it's...
Hello all, I'm looking at 3 Duplex properties and running the numbers using the Biggerpockets rental calculator.
The rent from unit 1 doesn't cashflow by itself after running the numbers. But if I add the rent from u...
Hey all! What what would you do in my situation?
I'm 31 years old, unmarried, unattached to any geographic location (have lived in 10 countries in the past 5 years,) and run an Internet business. The business prod...