Hi Friends! (I realize this is in the new member section, not sure how to edit, whoops!)Long story short: I'll be in Buffalo this Saturday & Sunday looking at multi's to house-hack. Unfortunately, at this 11th h...
Good Evening!!! I haven't joined discussions recently as I am working a deal and trying to complete the extensive renovations. I got word from my property manager today about the issue below. I submitted this letter...
I am curious to see what most of my fellow BPers do for their main stream of income, I personally work as an RV sales Consultant and do real estate part time as the opportunities arise.
Bought my latest rehab in march. It's about 40 miles away from where I live. Called my broker to get a current market analysis. Trying to decide to rent or flip? Should be finished this Weekend. This has been a weeke...
Given the current capital markets and high interest rates, I wanted to share a quick breakdown of what owners should consider when doing loan assumptions as a strategy to get lower cost debt.
While loan assumptions ...
I'm re-evaluating my insurance on my properties. I am going to insure for purchase price + rehab cost, not the appraised value. I am getting proposals on ACV and RCV policies and $5k, and $10k deductibles. If there is...
Good Morning BP!I'm about to begin a project in Ormond Beach, FL, and the house will not pass muster for a normal homeowners policy at the moment. I'm told by an insurance agent that I need a "Builders Risk" policy t...
Hello everyone. I've been read quite a bit here on BP but this is my first post. I fence toy purchased my first rental home as an owner financed property. Of course once I got into the home (after I evicted the ...
Hi, I've been a BP member for a few months now and I am so glad to be connected with so many great minds here. I did some private funding thank to this BP network and now I am thinking of moving one step further. I am...
Are there any quick and dirty tips to evaluate mobile home deals in which the mobile in question sits on a park?
It's a $5k trailer with $400 lot rent. To me, that seems like putting 5k down on a SFH and paying a $4...