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Is there a need for extra umbrella insurance (extra 1 million or extra 2 million ), over and above regular individual insurance of $1 million on each individual property I own. I own 11 properties with biggest one be...
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Hi, I'm a newbie landlord. I bought 2 tenant occupied units that need some work. I have a few contractors that I would like to establish a working relationship with and had them do some bids for the roof and a fence...
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Hello BP Community,I have a slight emergency with a property I am wholesaling. The seller is Canadian, and therefore he had to file for a Individual Tax Identification Number (ITIN) via 8288's and W-7 to satisfy the F...
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What are the downsides I should watch out for buying condos for buy and hold verses single family homes? If any?
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Hello BP people,As I'm working to put together my process for tenants selection there are a couple of questions I would like to have your feedback:If you have a couple as potential tenants, do you make both of them to...
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This is probably a dumb question, but when I hear on the podcast about “buying foreclosures on the courthouse steps” are they being pretty literal? How does one go about finding out about those?
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I have not personally, but several have used land trusts in their sub2 strategies. My post is not to question land trusts or their value, but to question if it is necesary or a wasted step and money in applying them t...
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Good Evening,
I would love some advice from others on my current situation. I used my VA loan to house hack a triplex in Philadelphia, PA. It's been great so far and I am looking to do it again. I have been living in...
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Calling on experienced multifamily investors. I recently had a meeting with an individual in the CRE field as a broker who advised the multifamily game has no value anymore unless you own the property outright. He adv...
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I’m planning to do some buy and hold investing in 2014 and am looking to use a business line of credit for my down payments when purchasing new properties. Depending on the lender, they will require a 10% - 20% do...