Pat Nelson
Selling on Bond for Title issues
I am selling my home on a BFT. What to do about insurance? I have a mortgage so cannot let buyers insure in their name or it could flag the due on sale clause. I've talked with several insurance companies and they...
Sam Leon
Flushable wipes - do you allow/encourage/discourage that?
As I walk my properties I am noticing an increasing usage of flushable wipes. Using sitting on top of the toilet tank.Are you noticing the same?As a landlord, is this a concern to you?I am sending this article from N...
Jean Norton
Armando Montelongo Faces Civil RICO Law Suit
Armando Montelongo Faces Civil RICO Law Suit under the federal Racketeering Influenced and Corrupt Organizations Act ("RICO") on behalf of 164 former students of "Flip This House" star Armando Montelongo and his compa...
Chris Propes
Umbrella Policy Ammount
What are everyone's thoughts on what would be a good amount of insurance to carry with four single family rental homes?. We have had a $1 million umbrella policy for many years along with $300k liability on each prope...
Ranga Ramanathan
Buying a property with unpermitted attic expansion
Hello all thanks for reading I am looking at this 3 bedroom 1 bathroom single family residence in a solid C neighborhood it has a really good rental return little over 1% rule. The problem is public records say this i...
Shawn Fyffe
Real Estate Development Basics
I am trying to build a city, and when I recently tried to acquire a permit to build on a piece of land in the US, I was told to talk to a realtor, however my project would’ve taken place over several plots of land.Mon...
Sachin H.
Applicant 19 year old and no credit history
I have an applicant who is 19 year old and he is moving with two others who are in mid 20s. The mid 20 year old applicant has decent credit score with all clear background (cozy screening). The 19 year old says that...
Jonathan Buerkert
Kansas City: Good/Bad Areas
My company is about to start buying and selling heavily in Kansas City, KS/MO. Anyone know the good and bad pockets or the investment areas to avoid? You can give me zip codes, directional city quadrants, or neighbo...
Rebecca Malicoat
LOC against portfolio
I am looking to get a LOC against my portfolio of 12 rental properties that are owned free and clear. I am struggling to find any lenders that will do a line not a term loan. Anyone out there have any contacts they ...
Adam Philpot
Is my valuation accurate? Please help!
Evening BP’ers,
I’m currently trying to put a fair offer together on a MHP outside Huntsville and hoping those that are in this space can help validate my numbers. Any feedback is much appreciated because I keep losi...