28 November 2025 | 18 replies
Erie offers this which included a lot of the coverage you are looking for.I can send you the job aid that goes of FAQ on the coverage and you can see if that is what you are looking for.
24 November 2025 | 5 replies
And I am only buying single family detached houses built since year 2000, including new builds bought from a builder with 4.25%, 4.25% and 4.75% interest mortgages; the last of which is fixed rate for 30 years, and positive cash flow.
19 November 2025 | 7 replies
Hi @Alberto Gutierrez, Many investors buy in areas with higher weather risk, including parts of Texas.
14 November 2025 | 12 replies
You would be better off asking this question on the Tax forum where several tax accountants, including myself, answer tax questions: https://www.biggerpockets.com/forums/51-tax-legal-issues-con...Short answer is that you (your LLC, to be more specific) will need to issue your relatives form 1099-MISC, and they - rather than you - will owe taxes on their portion of the profit.
21 November 2025 | 6 replies
Thank youWell, with the limited information we have, your options include "buying using creative finance and selling on lease option", long term rentals (sounds like you know about that one), medium tern rentals, AirBNB, storage units, flips, Syndications, multi, Hard Money Lending, RV Parks, land, tax auctions, foreclosures, commercial, mobile homes, as a few options.
24 November 2025 | 9 replies
Also, my leases include the specific pets allowed in the rental (tenants have to get written approval to add a pet).
15 November 2025 | 1 reply
My suggestions for anyone reading this….Before signing a rehab contract: get at least 3 bids, check that each includes detailed line items (materials + labor + markup).Set up the draw schedule: only release payment after verifying completed milestone.Have a worst-case scenario worked out: what if rehab takes 2× time, what if lease-up is slower, what if refinance drops?
18 November 2025 | 4 replies
Needless to say, when they put the notice in the envelope they had printed out, they knew full well it was going to Pennsylvania, where it didn’t arrive until the 5th.The notice includes that if the lot has not been cleaned up by the deadline, the city will take care of it and charge the delinquent owner at least $110 an hour for the work.I called my contact, Brooks, who went out to the lot yesterday.
12 November 2025 | 1 reply
If they include selling costs, as they should, pretty much 100% of those loans were underwater on closing day.
12 November 2025 | 2 replies
It is crucial to consider various factors to ensure accurate projections.These factors include the total loan amount, interest rate, whether the rate will be fixed or floating over the loan term, the amortization period, the loan term, and the availability of interest-only periods or future funding.