Eli M.
Rent loss insurance coverage
Dear BP family,I was wondering, would anyone know of an insurance company which offers coverage for lost rents due to tenant's non-payment?Thank you so much for your help
Jerry Alvey
LLC's and how to set up accounts
We have an LLC for each property we own so do you recommend we get DBAs for each or separate bank accounts?
Emmanuel Solorio
My mortgage was just sold & now im having issues w/ escrow acct
My mortgage was just sold to PNC bank in August and now I’m having issues w/ my escrow account. PNC bank is saying I’m really in shortage, they’re trying to collect next years estimated taxes/insurance in advance. My ...
Taylor Lacey
Liabilities of Allowing Tenants with Pets??
Other than the potential for physical property damage caused by the pet, what kind of liabilities does the landlord open themselves up to when allowing tenants with pets? Specifically how liable is the landlord in th...
Dapo Odujebe
Could you help me analyze this deal.
Sellers appraisal: $121,000
County records appraisal: $93,000
Comps in the area: ~$100,000
Seller asking: $68,000
(Per seller): $0 for repairs
Current occupants monthly rent: $850
Mortgage for 30 yrs @ 7.5% - $673.0...
John S.
Seller Financing a Property Purchased through Foreclosure or REO
I know properties bought through bank-owned or REO usually require major renovation and fixing him. I wanted to see if anyone has bought a house that was bank owned or through REO and then seller financed it. If so,...
Bryan Nwokem
What should I do ( FIRST POST)
Hey Y'all, I had a question on mind. So i found a home, its listed above $400,000 Duplex in the Sunny side Place area, if you are from houston you know gentrification is happening around this are. The home has been on...
Lindsay Wilcox
Legally Protecting Myself as an Owner-Occupant in MF Home with FHA Loan
I'm under contract to buy my first home AND my first investment property! I'm going to be living in one unit of a triplex in Indianapolis' Fountain Square neighborhood, and I'm using an FHA loan to do it, pretty much ...
Patricia Becker
Umbrella Policy or LLC for out-of-state California investor?
So, an answer I received in an earlier post inspired me to focus on Asset protection, but I am stuck on what to do... if you were me what would you select out of the 2 options below? I am leaning more towards the firs...
David K.
Gas Forced Hot Water Boiler Replacement cost
Hey Guys-In all my units the heating systems are forced hot water gas baseboard. At some point the 25 or so year old boilers are going to start going. Anyone have one changed out recently? Trying to get a rough ide...