Harry Campbell
How much insurance is enough on a rental property?
I'm buying a rental property in MS and looking at insurance quotes. It seems like the driving factor for the cost is how much building coverage one gets so how much should I get? The property I'm looking at is a SFR ...
Michael W.
What type of mortgage would work best for me?
I'm looking into deal in Philly for a $250k triplex. I'd be jointly purchasing with one other person (we're not related), and he'll live in one of the units (I will not). He has great credit and more than enough inco...
Mark Hilgendorf
Duplex - questions for seller at closing
Good evening. We are buying a duplex, and we are closing tomorrow. I have had several questions for the seller. She has not been cooperative. For instance, I do not know if one or both of the tenants have moved out. I...
Brad Allison
Owner Hunt from Returned Yellow Letters
Hey there BP!I have been sending out some standard yellow letters addressed to foreclosures, absentee owners, and several properties identified through driving local neighborhoods. I have had several letters "returne...
Rohan J.
Anyone ever give back partial rent when a tenant moves out???
I live in CA, and on May 2nd, I gave my tenant (who is currently month-to-month) a 30-day notice to vacate by June 2nd, as I am planning to sell this property.She said that she was in the middle of finals (she's a pro...
Scott Strickland
Pulling from 401 to invest
At the moment this is theoretical but I'm sure I'm not the only newbie pondering this idea.I could potentially have 60k in cash if I did an early withdrawal from my 401.I'm in process of leaving my current company and...
Thomas Weidner
Hello from Tyler Texas!!
Hello Bp Nation,My name is Thomas Weidner and I am from Tyler Tx. Tyler is located about a 2 hr drive southeast from Dallas Tx. I am married to my beautiful wife and we have 8 children. Yes I did say 8. We are a busy...
Linda Sloan
Needing advice on what to pay % to an investor???
We are new to flipping houses though now new to remodelling and construction.We wish to move faster than we are presently doing and to do so we need cash.We are reaching out to investors but feel this is a mine field ...
Scott H.
Rehab Estimate - Townhouse Interior
Hey all rehab wizardsFirst off, I have consumed J Scott's book on flipping and rehab costs and it is a wealth of great information for sure, but wanted a guesstimate of costs associated with a floor up rehab of your t...
KATHLEEN DEEGAN
How much is enough to save
I have 3 rental properties and have saved a portion of the rent for emergencies, repairs or vacancies.
How much should I have in my account for each property?
Thank you,
Kathy.