Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Syeed Shah

Syeed Shah has started 9 posts and replied 29 times.

@Lily Sellers check spring eq

@Riley Lucchesi I just couldn't find they anymore. Not sure why they don't have them. I thought encode locks were great. But I went with the 2ne best option.

@Kelly Leithner. Encode smart locks are hard to find and someone said they had a recall when I was at home depot. Look eufy lock as well. It is 2nd best compared to all the locks.

I have a couple of properties purchased through conventional loan. There are over 30 properties managed by a property manager. Similar process as an apartment complex. All the properties in that area have an commercial insurance policy. When I went through a residential mortgage broker I had to put down 20 percent. In addition, due to Fannie mae guide lines, I had to get residential home owners insurance. If I were to do a quit claim deed, could I transfer those properties into an llc and remove the residential home owners insurance and maybe get like landlord insurance or umbrella insurance.

@Rod Hanks Do you handle if thr property is in ny

I am about to purchase property and it would be for air b&b. I am trying to see who would you recommend for liability insurance.

I am purchasing a property. I will be doing air b&b year round. I am getting home owners insurance. Should I get liability insurance in order to protect myself if any incident would occur.

@Ricky Hale: Is that property still available?

@Elizabeth Southall- I would only get taxed on the gains though.

@Monica Ponton I actually went with fixed. When you have a revolving credit vs lump sum, you can take out the funds anytime you want. But interest will vary depending on the market and you have multiple loans multiple loans with revolving credit. For me, it was best to get lump sum. Inteesr rates are fixed for certain amount of time. Look into index funds vs single stock. It is much safer or you can put it in interest savings account.