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A friend who is an extremely successful RE investor tells us that umbrella policies aren't necessary, based on his experience. Advises if you want more liability coverage, just add it to the LL insurance policy. A mi...
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Hi all-
I'm closing my first deal on Friday and am pretty excited! I know its going to be a challenge but I'm looking forward to it. I live right down the street from the bldg and grew up in the area, so I will be ...
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Hello all,i sent tenant certified letter with 60 day advanced notice of non renewal of her lease. She is sending me tons of text messages asking for a reason as to why she needs to leave and telling me she has no wher...
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I've seen a lot of people on here refer to themselves as Real Estate Coaches. What exactly does that mean?
Do you make a living teaching other's about real estate? Is it a 'guru in the making' kind of thing? Is it so...
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Hello BP, I'm currently in the process of purchasing a triplex. Offer accepted.
Doing the numbers my net cash flow should be between $500- $700 a month with the current low rents.
Im in New Jersey and the current re...
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What has been your experience with renting to college students in a highly student dominated area?
I found a property that actually meets the 50% rule but it needs about $50k in repairs first. Listed at $35k + $50k ...
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I have been looking at properties (Duplex/Triplex) in Baltimore and Hagerstown areas and having a hard time figuring out which area to invest in. I spoke to someone local who has properties in the Baltimore area and...
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Hello BP community!It's been a slow, steady growth for me over the last few years. Right now I have 3 pretty solid rentals and have just eclipsed the $2000/mo mark in passive rental income (before maintenance/vacancy)...
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Hi guys,
I'm about to close on a deal on a HUD home I purchased and I'm trying to see how I can get financing for it. I'm a foreigner with no social security number in the USA.
I've got good relationships with my b...
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I advertised an apartment early in the month for a March 1 move-in and got a number of bites. However, I put in some engineered hardwood in the apartment and it wasn't show ready until mid-month and raised the ren...