Richard White
Hard money lender for non-RE purchase?
Hello, all. My wife and I have owned and managed STR condos in Carolina Beach and Wilmington, NC, for several years.We are looking to purchase a restaurant in north Asheville. The sellers were under agreement with ano...
Marie Shaug
Owner Financed properties - Minimum insurance coverage
I have sold 3 properties to someone and have just learned that the insurance they have on those properties is the absolute minimum, fire and lightning only. It does not include wind, hail, hurricane, tornado, vandalis...
Darrell Morris
Gas Leak in Fireplace
Hello BP,My tenant attempted to turn on the gas to the fireplace and apparently gas was leaking. After having a plumber go out to check for a gas leak there was apparently one in the fireplace. Thank God the house did...
Amy Wan
Real Estate Syndications for raises under $1M
From my research, it usually costs a minimum of $10K (and sometimes several times that) for a securities attorney to draft offering documents (PPMs and the sort) for real estate syndications, which means that deals be...
Elena Gasol
Creative deal structure/capital gains?
Hi BP community!Looking for some ideas on how to structure a deal. Our potential sellers, who bought their property a little more than a year ago as their primary home, would like to sell quickly for health reasons to...
Remington Lyman
Getting OFf-Market Buyers to Sign the Contract
Hello BiggerPockets! I am a relatively new investor (2+ years) in the Columbus, Ohio market. I have trained two cold callers and am trying to go after more off-market leads for myself and fellow investors.One issue th...
Richard Hanner
HOA pay for leak damage?
I have a tenant whose condo suffered a major roof leak, which caused internal dry wall and related damage. The HOA says it only has to fix the leak and is not responsible for the interior repairs. The condo is in a Ho...
Deisy P.
Illinois Legislature Meeting to ext moratorium to SEPT 2021
certain politicians in Springfield are pushing legislation to pass the Illinois legislature THIS WEEKEND. I am requesting all landlords and their employees/agents/other stake holders to click the link below (to conta...
Preetha Dutta
Property management negligence
Hi , Recently I was staying in a condo and due to condos management negligence there was a flood of hot water in my appartment. Thankfully this happened during day time . If this would have happened in the night we co...
Brandon Schlichter
Fire!
I got a call very early this morning (1AM) That my apartment was "On Fire".
Needless to say it was , one unit was severely damaged, an additional unit has quite a bit of water damage, and there is some smoke infiltra...