Hello BP community, Is Geico umbrella insurance of any use to investors? I have some rental properties and following the advice to purchase umbrella liability insurance. Our home insurances were done through Geico (as...
I wonder if anyone can give me your feedback on umbrella insurance State Farm called me and told me that I should open a umbrella policy for my rental properties
@Julio Gonzalez I trust this message finds you in excellent spirits. As I navigate the intricate landscape of real estate investment, your distinguished career serves as a beacon of inspiration. The concept of wholesa...
Hello all!
I have an opportunity to buy a house using owner financing. The seller is open to it, but is older in age and would like to know what happens if they pass away before I am able to pay them off in full. Doe...
I am not sure if this is the right place for this question, but I am a real estate broker and an investor. I recently joined an equal partnership with two others--1/3 investment, 1/3 work, 1/3 equity. In pursuit and...
Hi BP friends,
We have been fixated on Pittsburgh, PA for quite some time now, but we've come to the realization that our pursuit of cash flow deals in this area has hit a roadblock. Therefore, we have decided to piv...
I find that most investors want to see a property's projected IRR (internal rate of return) over the anticipated life of the deal. The biggerpockets rental property calculator does not provide IRR calculations. Migh...
I was thinking about adding a secondary resident to my existing property. Is the city of Los Angeles allowing the building of a second residence over a pre existing structure?
Investment Info:
Large multi-family (5+ units) buy & hold investment in Norfolk.
Purchase price: $427,000
Cash invested: $138,000
Snapshot Metrics:
1% Rule = 1.34%
Purchase Price: $427000
Estima...
Fellow BPers, I am in the pursuit of a potential portfolio deal. I would be purchasing three duplexes and possibly a SFR using seller financing. Aside from terms, which I intend to negotiate, I am wonder other things ...