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I am a new investor and am under contract on my first property, which is a Triplex. I am shopping around for Insurance for the property and am running into some higher numbers then I expected for the most part. I ...
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Hello BP Community,I am new to being a landlord and would like your feedback on a prospective tenant.This person lost their home and wife in a tragic single home house fire in June 2020. His insurance company is placi...
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I am the agent representing the buyer. Inspection showed hail damage on the roof. Roof is in great condition, but is 21 years old - a dinosaur here in Colorado.If sellers make insurance claim, will insurance cover the...
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Hey everyone. I'm studying for my license in PA, and I'm reading about title insurance. How does this affect agents? Do we need to bring up title insurance to our clients? How deep does our job take us into issues...
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We bought a multiplex earlier this year running on a septic system. Something happened and caused the sewer water to backup into the units. We have already ended the leases with the tenants. Right now in the process o...
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Can someone give me a over estimated costs of holding and closing for a 250k property. Some info:Purchase price: 250kPayment: All cashIt is a forclosed home.Resale value: 325k-350kCan you also please itemize the closi...
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So an interesting is happening in my little Real Estate world currently.... couple months ago I had tenants moving out who apparently didn't shut off waterline to fridge before moving it and as a result had a flood in...
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Have a property that I am currently interested in but really am not educated in understanding investment properties. Here's the deal:
7 unit building - 3 commercial and 4 apartments
1 commercial unit is occupied and ...
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What is the best state to file an LLC for investments? I've heard different things (home state, Texas, Delaware, Nevada, Wyoming) online and from other peers but not sure if it differs specifically for RE investing. I...
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Hello again BP members.My name is Nigel and I'm super new to Real estate. So please be gentle.I believe I found a nice deal on a rental house in HOUSTON,TX. I was crunching the numbers following Brandon Turner's "Four...