Owner of a property I just purchased offered me another property. He set it up as note so he doesn't have to take care of maintenance, property tax and insurance. The note is only $180k with 4.5% interest. For some re...

Does anyone have a template they require contractors to sign before starting a rehab project on a BRRRR or flip? I only consider licensed contractors but have found that most reasonably-priced contractors are not bon...

Folks - I have a primary home and two vehicles. In addition I own a rental property in Memphis, TN. I am now in need of an umbrella policy. I live in NJ. I am getting the feedback that both home and auto needs to be w...

Hi there,

Having trouble getting a grasp on what soft costs might really look like. This would hypothetically be a situation in which I'd pay all cash for a 150-300K house, then rehab and sell. Also excluding repair...

I understand that the "gold standard" is to ensure every contractor has liability and worker's comp insurance and that I have renovator's insurance on the rehab property.

That being said, what are your thoughts on e...

I have been listening and reading about this “infinity banking concept” and found it really interesting. Anybody currently using this? Pros and cons?

Apparently a disposal got blocked in my rental.  It got backed up and caused a piece of garage ceiling to fall.  Tenant claims car was damaged got estimate stating 4800 in damage.  Tenant is asking for reimbursement. ...

I had a tenant ask if, for therapeutic reason, they could buy an inflatable hot tub like the one in the link below and put it in the backyard.  As i understand it, insurance doesnt insure trampolines, pools, etc from ...

Hey BiggerPocket community,I'm in Canada and I found AIMLOAN. They offered me that:Please see below for term calculation on the amount $200kLoan Amount: $200,000.00Loan Terms: 6 MonthInterest Rate: 8.00%Repayment Plan...

I recently bought a duplex and will be fixing them up and living in one side while renting the other. From those who have done this before or otherwise have knowledge on the matter, should I hold this property as an i...