Tim Lindstrom
Potential deal, but seller wants to stay 60 days
I have a potential deal on a property I want to rehab and sell. The seller is asking if they can stay up to 60 days after closing (we would have to agree on concession), so they can locate a new place to live. They ...
Aiesha Hooper
Buying through a Real Estate Agent vs a Whole Saler
Hello brilliant REI's !I am interested in doing my first fix and flip in the Baltimore area. Could you tell me any pro's and con's of buying from a wholesaler vs a real estate agent?Bonus Question: How do you go about...
Parker T.
Insure Rental at Replacement Cost
All,
I'm putting a bid on a foreclosure today at 30k. The insurance company quoted the replacement cost at 160k and with everything else factored in a quote of $94/m. This seems extremely high and doesn't fit...
Account Closed
What are your liability limits on your SFR insurance policies?
Hey everyone,
I'm just curious as to what amount of liability insurance coverage most people have on their SFR's?
My insurance agent wrote up a policy for $500,000 of liability coverage plus $1,000 medi...
Kalo (Kyle) Atanasoff
How to structure a partnership?
Hello BP Team,I am currently working on establishing a partnership with a person who i know for a long time. Eventually, we want to acquire a SFR or Duplex for Buy'n'Hold with 20% down and total cost between $100k-$1...
Natalia Avalos
Turn-key property... how picky to be with inspection findings?
Hi BP friends,Ok, so I've been under contract with a turn-key property and just had the inspection completed. About 10 things came back and the seller has agreed to fix about half of them... noting that the others are...
Aleko Petkov
Does an older house need to be rewired?
I am rehabbing one apartment in a 1937 triplex in Los Angeles I just bought. Looks like the electricial wiring is original two cloth-insulated wires, although the kitchen and bathroom have three-prong GFI outlets. The...
Fahren F.
Should I start an LLC before buying my first rental property?
I'm living in the bay area, CA and looking to invest in the Phoenix, AZ area. Should I start an LLC first before buying or later on down the road move it to an LLC when I have a couple properties?Thanks in advance for...
Maritsa Cortes
House hacking advice needed!
Hey everyone! So I’m back in Philadelphia and I’m ready to start investing. I’d like to do my first house hack and could really use some help, tips, advice and/or suggestions. I’m looking forward to the feedback. TIA!
Conrad Pels
Are either of these a worthwhile deal?
I am looking to buy my first rental investment property, and after analyzing the market where I live (Traverse City, MI) for some time, I’m thinking there are other places within an hour or so that may provide more ba...