Karen Modell
Due on Sale Clause Waiver?
Has anyone received a waiver from the lender of the due on sale clause at closing in the event of a transfer of the deed to a specific LLC? Maybe if a personal guarantee was offered?
Sebastian Rodriguez
Using a 203k loan for rehab cost
Good evening BPers! Became interested in using a 203 Loan to brrrr on my first property. Would like to get thoughts and any advice or knowledge from anyone who’s been thru this process before using this method.... thn...
Jenning Y.
Condo’s Premise Liability Only Insurance for Commercial Umbrella
I have a dozen of condos for which HOA master policy covers the basic structures, betterments, and fixtures. Currently I have HO6 costing about $140~200 for each unit, on top of that I have a personal umbrella. I am t...
Stanley E.
Fire Damage Rental
Hi BP. I am considering buying a SFR for renting that has fire damage. I haven't seen it yet, but I wanted to know some of the pitfalls I need to watch out for with a fire damaged property...specifically for renting.
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Ryan DeLange
Electrical fire ~ paying for damage
A lamp caught fire, damaging the outlet and causing $400 damage to the flooring. The electrician says the circuit is fine so the tenant's lamp must have been faulty. Any advice on whether I should just pay for repairs...
David Segatti
Vacant Property/Rehabber Insurance
I do fix n flips and looking at RealProtect for vacant/rehab insurance. I have been using Foremost insurance thru my Farmer's agent, which was the best cost/protection plan I found. A REIA I am part of has been sugge...
Joe Nagle
Cape Coral Florida Insurnace Homeowners and STR Coverage
We have a handful of properties in the cape coral area that we're trying to find cheaper insurance coverage for. A mix of STR and LTR locations. I have been able to find companies that will cover real estate portfolio...
Ben Shamberger
[Calc Review] Help me analyze this deal
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*This link comes directly from our calculators, based on information input by the member who posted.
Luke Franklin
First Duplex a bad idea?
After two unsuccessful attempts to buy a SFH (outbid on short sale and HUD home), I'm looking at a duplex to live in half and rent half. I know nothing about real estate and was directed to BP by a friend. I li...
Marcia Dabney
owner injured on icy parking lot, denied insurance information to file a claim by our HOA management company
I live in Colorado, in January or parking lot was covered in thick ice. Three owners emailed management co. regarding conditions of parking lot. One owner fell and shattered her knee cap. After all this, no attempts w...