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6 December 2024 | 34 replies
we are using REsimpli for our CRM and they can pull data etc. its pretty much a one stop shop for running an investment firm/renovating/wholesaling.
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4 December 2024 | 6 replies
Using escrow company & title insurance will protect you from an unwanted surprise.
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7 December 2024 | 8 replies
My insurance company said they wouldn’t cover the policy with the fuse.
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4 December 2024 | 4 replies
I was wondering if anyone had any tips or tricks for this area dealing with the insanely high property tax and insurance rates?
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4 December 2024 | 4 replies
You can - 1) establish a trust for asset protection, 2) utilize the Homestead Exemption for property protection, 3) consider tenancy by the entirety for marital property (this might just be applicable to California, my home state)4) make sure you have adequate liability insurance for additional protection, 5) think about forming a business entity to shield assets, 6) and have proper estate planning for asset distribution.Seek tax and legal advice from experts in your state.
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6 December 2024 | 6 replies
Don't forget to add fringe benefits such as health insurance and also payroll taxes, etc.
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3 December 2024 | 21 replies
I own a lot more than 2 homes and all these years later still have never bothered with LLCs - I just keep really good insurance.
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4 December 2024 | 8 replies
Home warranties are basically like insurance for the house systems and appliances.
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3 December 2024 | 2 replies
We are finding conflicting information as it pertains to insurance and liability.
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5 December 2024 | 6 replies
However, there are some drawbacks to putting a rental property in a trust - first setting up a trust can be expensive and involve a lot of paperwork, the rental property may be subject to rent control and liability insurance may be more expensive for a trust.