In my world the older homes I'm looking at are in moderately rural North Carolina.

I’m curious to hear from private real estate investors who’ve faced unexpected insurance claims and were protected by an umbrella insurance policy.We often see discussions whether investors should use an LLC or an umbrella insurance policy.

My name is Ben and I am about a month into diving deep on real estate investing education.

California does not recognize Real Estate Professional (REP) status, but you can still claim it on your federal taxes if you qualify.

@Sat Palshetkar Welcome to the RE world and congradulations on jumping in.

This has been my experience: "As to the remedy plaintiffs seek, the case law reveals that "the equitable remedy of specific performance is routinely awarded in contract actions involving real property, on the premise that each parcel of real property is unique" (EMF Gen.

If someone is living on a property they cannot afford, they simply move to a smaller place somewhere else for half the price and problem is solved.

If you can’t search, then problem solved. 

I'm now considering expanding my real estate ventures into building custom homes, but I know this is an entirely different beast between the required capital, learning curve, time committment, etc. 

Quote from @Chris Magistrado: This is a terrible idea.87% of all real estate agents quit within two years.