John McKee
Need advice on build out of single tenant building
I have a standalone former drive thru bank that is now a vet clinic. The vet clinic wants to expand the building at their cost into the drive thru area as they don't need the drive thru. Should I charge them more re...
Kaiden Batzler
Cash on Cash Return for Fourplex Question
Hello all, I am newer to the BP community and recently just kicked off my journey as a real estate agent in SW Montana. I have always been interested in real estate investing and want to get into my first deal and get...
Brian Erlich
What is the process of going through probate like?
I have an estate home under contract at a price that doesn't cover all of the claims. There are 2 FIFA Liens on the property, several unsecured claims, and the home is in foreclosure. I assume we need to go through...
Mike Girard
Insurer is "not admitted to transact business in the Commonwealth
I am considering a Builder's Risk policy that my agent has secured through Tapco, a company in Long Island. The policy will be underwritten by Lloyd's of London. At the top of the quote it says this:"The insurer with ...
Taylor Davila
Hard Money Lender and Down Payment
Do hard money lenders typically require a down payment? If so, what would the percentage be?
Cynthia Hartley
Getting a property w/ a lien that someone purchased 6 yrs ago.
Hi BP Members,I'm hoping you can help point me in the right direction on a complicated tax lien situation. There is an abandoned property in Baltimore City that I would like to acquire. I inquired with the Baltimore D...
Todd Ashley
Longtime lurker ready to join the BP Community
Hi everyone! I have been lurking for over a year and I am very excited to be making my first post. I currently live in Portland, Oregon where I bought my first home last April (I wish I had known then what I do now). ...
Tekoa Glover
DSCR Not so Simple
Is it me or is it the process? Doing my DSCR has been a complete pain in the tail! It has to be just as nerve wrecking as conventional. I'm asking for 50% on one property and 70% on the other. Neither have a mortgage....
Cory Iannacone
Is the 2% Rule still alive in the central Pennsylvania market?
When I closed on my first duplex in Harrisburg, Pennsylvania in August 2017, "the 2% Rule" was the gold standard for determining whether a property would cash flow. (The 2% Rule says that the gross monthly rents shou...
Griffin Malcolm
Options for Using Two Vacant Plots of Land
Bit of a wild situation here, at least to me and my lender; maybe it is more common than we think, not sure honestly. Anyways, on my latest project, the title came back yesterday and revealed two extra parcels of land...