![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1065730/small_1696447916-avatar-snar.jpg?twic=v1/output=image&v=2)
I live in California and my friend lives in the Philly area. We recently got together to buy a 3 unit new construction residential property in Philadelphia. The title will be held in 4 names (the two of us and our bet...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/900467/small_1621505248-avatar-ellis_bluehose5.jpg?twic=v1/output=image&v=2)
I am about to close on my first duplex here in San Diego! Yay!I have an insurance quote for around $60 per month that includes $1M in liability insurance (I am occupying the back so rate is lower bc its primary reside...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/142982/small_1621419139-avatar-drewbop.jpg?twic=v1/output=image&v=2)
Hello all,
I am currently a mechanical engineer working for a consulting company. My job is ok, but I'm not in love with it.
I have been in real estate renting for about 5 years, and love it. I have a good friend ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3144338/small_1731263489-avatar-mitchellg89.jpg?twic=v1/output=image&v=2)
What do you all think about buying undeveloped land and setting up ADUs to rent out? I'd only look at land that's at least connected to water and power and already has a septic plan in place.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/154316/small_1719970594-avatar-bwalsh33.jpg?twic=v1/output=image&v=2)
We are looking at a house (a long term hold) to purchase. I found out that it is in a flood zone. Would you buy it ? I would appreciate any feedback against of for buying it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3147200/small_1731942107-avatar-mikes1503.jpg?twic=v1/output=image&v=2)
do you guys prefer to only invest in newer homes i.e. built after a certain year to reduce the possibility of having to do a lot of reno on wiring, plumbing, etc. or does it just depend on seeing the house and determ...
Long story short I purchased a home in an overinflated environment for $500k. I got the 5% downpayment from a HELOC.The mortgage and hold cost is a lot for me (over $4k). I struggled with getting property manager sinc...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3148999/small_1732285405-avatar-moshes37.jpg?twic=v1/output=image&v=2)
In a 1031 exchange, does the replacement property need to be more valuable than the total sale price of the deal I sold (including other investors), or just my individual portion of the investment?
Here’s why I’m ask...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/27591/small_1693278372-avatar-brighterdays.jpg?twic=v1/output=image&v=2)
Everyday we have people on BP asking questions related to soliciting money for deals, joint venture partnerships, etc. Maybe some of you with knowledge or experience on these things can weigh in. @Will Barnard...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/195473/small_1694680600-avatar-mikedmcguire.jpg?twic=v1/output=image&v=2)
My CPA suggested forming seperate LLCs for each rental property I purchase. He states that this limits my liability if there is an issue with one property. I have just one property currently, but I plan to purchase a...