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Thanks for this great tool. My name is Mike, but they call me Mikie 5. I'm 57 and giving up the day job and moving to Central America at the end of this year. Married with few ties to the area other than a single rent...
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I'm going for an Actual Cash Value policy instead of Replacement Cost.1) Should I get the loss of rent option? Not sure how valuable this is.2) The basic policy doesn't cover water damage. Is water damage coverage a m...
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Hi,I have a seller that called me from one of my direct mail campaigns and he has a very well kept 9 unit property located in houston TX that he states is getting 650/mo 100% leased, the units are all 3b/1b with w/d ...
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So I know a guy who is interested in working a deal out with me on this property, as long as we can both profit from it. Here are the details:-He owns the lot free and clear (existing single-family house on it with re...
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I've been receiving quite a few messages about real estate and how I got started, so I thought it would benefit everyone with a separate thread. Of course, this is just what we go by, and is not considered any legal ...
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Need help w a good compromise. The situation is that we’re closing on a property in a week (should have been tomorrow but owner asked for extension) and have been asked if we would like to do a rent back to the exist...
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I have had several prospects call and let me know up front they have an eviction on their record. Is there any time that you would accept them. I have been asking them the reason and letting them know I would see if I...
I am new to real estate investing (and BiggerPockets), with three small rental condos in addition to our primary SFR home.The neighborhood where my wife and I reside is experiencing a rash of Homeowner's (HO-3) non-re...
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Hello,I will be acquiring a 2 unit building using owner finance soon here in IL. Here are the details. PP: 147k Down Payment: $0 Monthly Payment: $1,200 Term: 36 Months Interest: 0% Balloon Payment $103,000.The repair...
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Here is the situation:I have cash tied up in 4 properties, 2 of which are stabilized with paying tenants and 2 are undergoing rehab (will be complete within a month). My lenders have suspended operations and I've call...