New to the game and buying my first rental property. SFH in Independence, MissouriI would like to know what type of coverage you buy for your rentals.Replacement cost or actual value? High or low deductible? Basic or ...
Hi BP, Our agent brought us a deal where a colleague is interested in renting our residence to, in turn, manage a group home for kids and teens that is state funded. It requires us to build an additional bedroom. We d...
Hello Everyone,
I currently manage a highly successful short-term rental arbitrage in Houston, boasting over 170 reservations in the last three years. I am proud to have achieved Super host status on Airbnb for the p...
Hi Everyone!I learned the other day that most banks, if not all, will not accept wholesale deals as typically executed. The advice received was to create an LLC during the option period (a new one for each wholesale ...
I'm sure this has been covered, but I like posting questions.
Anyway, if the seller doesnt have the title and can only issue a "bill of sale", how is that handled? Is that something I should pass on, or would you st...
I have several residential rental properties with no mortgages on them. In addition to putting each one in an LLC As a protection against lawsuits, could one of the benefits of pulling cash out of the properties to r...
So I have received a job in Nevada and My home is in Louisville Kentucky. The house is nice but my renovation was 15 years ago so the kitchen and bathroom will need updates in the near future. The area is very popular...
Anyone have experience as HOA Management in what happens to revenue when property owners losing their houses? Does HOA have loss of income insurance or some fund to make up the losses until owners get property rehabbe...
How do you deal with the threat of natural disasters, take the last hurricane (Michael) for an example how can you recover as an investor from a disaster like this?Especially in Florida when every year (almost) they s...
Good morning, BP.
Initially, I was learning all that I could about fix-and-flips; however, I'm strongly considering turning back to owning rental properties. I just have a few basic questions regarding what to do bef...