Rick C.
Actual Cash Value Insurance
Hello BP. I am doing a review of the insurance coverage on my rentals in Tampa FL, and I wanted to get a better understanding of what would happen in the case of a full loss. Here is an example of one of the rentals I...
Amber Gonion
New investors in a tight market
Hello all,Currently our market inventory is low and sometimes overpriced in the 2-10 unit (value add and under market rents excluded) and new investors often do not have a ton of cash to invest. I want to show exampl...
Eric NA
Possible deal - could be fishy
[i]Flip this house and we both win... I own the house outright no mortgage, but the house needs work and I don't have the money right now to do it. If you're a handyman and would like to make some money this is the de...
Luis A.
FHA Loan - Appraiser and Roof issues
When selling a property to a buyer that is getting an FHA loan and the time comes around for the FHA appraiser to do his appraisal. Is he going to inspect the roof and actually climb up there?
If so, could he require...
Zack Pirulli
Lead Paint Situation
Hey everyone,The beginning of this year a Section 8 tenant of mine adopted her new born nephew. She texted me recently to let me know he had tested positive for lead. The doctor told her he will be tested again and th...
Ryan Johnston
New Investor Ambitions - Northwest Indiana and Chicago
Hey BP Community,I've been a member on here for a little while and I'm finally able to get things moving on the investment side of things in my life. I'm graduating college in May, start a job in Chicago in May, which...
Matt Friesz
A little help? 1st flip not selling!
I'm writing this to vent a little, because it's been one of the hardest things I've ever done. I know that the first one is usually the hardest! Here's my little saga...any help would be appreciated.
I bought a 1923...
Cody Kayser
Where did you find your first flip? Wisconsin based.
Hello Everyone! I am new to posting in BP but not new to the site itself. As recommended I have done my due diligence and would love to hear from the community on some of their experience. Where did you find your firs...
Christina Greaves
Advice on Utilities Bill Dispute with Tenant
Hey y'all I just had a really annoying experience and wondering what the community recommends I do. Here's the deal: I have a tenant who signed their lease in January, with start date February first. Back in January I...
Kim H.
Am I paying too much?
I just signed a contract on my first multi family in the DFW area. Good location, 9 units, $1100 per month rent (actually on the low end for the area, which averages $1250). No vacancies. Sales price is $450k. Hav...