Hello BP!I am working on closing my first duplex deal in Mount Clemens Michigan. The duplex is 2 - 3/1 units with a price of just over 100k. The loan I am using is an FHA loan with 3.5% down. I received the closing co...
Hello BP Im a new landlord here in Massachusetts, and im getting my lease together using the lease that comes with the pro membership ( I just upgraded and I love it. highly recomended) there is one section 19 B that ...
I’m having an issue getting my 2 units insured. Is this classified as commercial? Multi family? What’s a reasonable rate for insurance?
The insurance brokers that I have talked to sound confused and don’t know how to...
Okay, so I get home yesterday and there is a message on my phone from my stepdaughter. "Christine, you might want to check out Facebook. There is a picture on there with a car crashed through the front of a house a...
Does anyone know how to get one insurance policy that covers everybody at the get go? I can't seem to find this.
As the seller, I need to have the insurance for my original lender, but i want to cover the ...
I've been adding units so fast that I don't know what to do when a rental property catches on fire. I have a house that has caught on fire and could use some moral support and some steps to take starting now. total ...
Hi everyone! I own a property in my IRA and I am offering seller financing to the buyer. This will be our 1st time doing owner financing. We have questions about having the property insured. I know that the buyer is s...
'We are transfering property that is under our name to an LLC. We are planning to use a Special Warranty Deed. We want to continue to use our SSN rather than to get and start filing using a EIN, has anyone had experie...
Lets say I hire GC, I sign a contract that among other stipulations says that I pay only to GC. GC hires subs. Lets say he hired painters team. Guys are not licensed or insured …one of them falls off his ladder and...
In the past, I have purchased homes and title costs are normally 700-1200$ for homes between 100-250k (California/Missouri/Kansas).For a 420k house (Chicago), I am purchasing they have the total at 3500$, seems like a...