Kenny Ye
Your opinion on insurance for rentals
Hello everyone,Is it possible to have the septic system of my rental property insured? Seems like it will be a big repair/replacement cost if it fails. Also, will it be possible to have my property insured for tenant ...
Mike Crane
New Wholesaler in Arizona
Hey ____,I hope this message finds you all doing well, learning a lot and making money! My name is Mike Crane and I'm a 34 year old single father of 3. I have spent the last 17 years of my life building a seemingly su...
Richard Pilcher
Tax strategy question for future rental/current primary residence
Folks,I have a tax related question for the collective wisdom of the forum. I am in the process of trying to buy a multifamily to make my new primary residence along with some rental income in the style of house hacki...
Ricky Sabogal
How much to set aside for a new roof?
I am analyzing a fix and flip property in the Hampton Roads, Virginia area. I went to see the property and while I think 80k renovations to turn this property around is reasonable, it needs a new roof. In looking at...
Angel Barrett
Have one almost paid quadplex or two mortgages
I have two quadplexes in Rio rancho NM. Random Maintenance is having me pay the mortgage a lot of the months. I’m thinking of selling one quadplex and throwing all the appreciation towards the first one. After 4 years...
Johnnie Fair
Won the bid on a hud, got an inspection can I renegotiate?
Won a hud listing and had an inspection. There is a giant tree around a ton of electrical wires which will cost a bunch to replace. It has a 2 prong wiring but it’s been rigged with 3 prong outlets with a fuse box. As...
Account Closed
Are Property Insurance and Landlord Insurance two in the same?
When it comes to insuring a Rental property, what policy does a Landlord need? Is a Landlord policy an all-in-one policy that covers dwelling and the landlord or is it separate from property insurance. For example, if...
Matt Liu
How to record a mortgage change
If I record a mortgage with the county (private lender) and then we decide to increase the mortgage amount, do I have to record a whole new mortgage doc with the county? Or is there a way to replace the first page?...
Erick Garske
Alternative Financing Question for 1031 exhange
I am nearing the end of an escrow for one property, and am busily vetting deals for replacement properties to satisfy the requirements of a 1031 exchange.The advice that I need is on evaluating the two types of financ...
Jagan Reddy
Cat urine challenge
Hello multi family investor gurusCat urine damages property very very bad. I have had multiple incidents ruining my units. It demanded to replace full flooring, scrape walls and repaint costing entire year worth of re...