Andrew P.
Umbrella policies
Hi,
I own about 10 units and was looking to get a a general umbrella policy to cover any possible litigation. Is this a good idea? And if so what is a good coverage amount? 1 or 2 million?
Thanks!!!
Brian Wilson
Market Evaluation - Wisconsin
Hey BP,I'm the final steps of accepting a new job in Wisconsin. I'm probably going to be living in the Oshkosh area due to close proximity to work. That being said I'm curious to get the input of active investors in t...
Charles Maddux
New Investor Looking for Good Property Manager
Hey everyone!I am new to real estate investing. I have only been at it for about a year now. Got 3 units under my belt and I have been loving every minute (well most anyway) of diving into the awesome realm of REI. I ...
Timothy B. Dunn
How to cover rising interest rates on adjustable mortgages
We are searching lenders for our first property and are having to finance using our llc in order to protect my pension limits on earnings. My question is how do you account for future interest rate hikes down the ro...
John Campbell
Steps to Turn Primary into Rental
My current primary was purchased in 2018 with a conventional loan. My intent is to convert my primary into a long term rental. I’m curious as to the strategies that are recommended to ensure I’ve covered all my bases ...
Austin Crouch
New to wholesaling in Lexington, KY
My name is Austin and I just moved to Lexington KY for my job. I love it here! I went to a real estate investing 3 day class (than Merrill) last year and was hooked!!!So now here I am in Lexington and I want to meet p...
Jacob Phillips
Evaluating cash flow
Hello BP, I’ve got a new guy question that I just want to check my mindset on.Obviously the name of the game in buy and hold is cash flow. So, when I’m evaluating deals, especially my first few, how much emphasis do y...
Richard Young
Is it a good time to buy in Kansas City Mo?
I am looking at buying SFR as long term rentals and stumbled across Kansas City. I see properties that range in the 25k to 50k range that can rent from 650-800 a month. Those are good cash flow starting points.
Are...
Justin Pumpr
Yet another Cap Ex post
Hey all,I'm trying to work out a good Cap Ex amount for my rental properties. I was previously using percentages of monthly income i.e. 10% Cap Ex, 5% repairs and 5% vacancy. However, after calculating the cost to rep...
Erik E.
New Construction in Florida
Currently learning new construction by just applying action. Close on the land on the 17th.
Very NERVOUS but I do have a builder who is holding my hand in the process.
Not even sure the land was right to purchase b...