Tyler Bolton
LLC versus personal umbrella policy for Indianapolis SFH rental
12 January 2025 | 7 replies
There is statutory, and Fannie/Freddie guidelines, that explicitly exempt these transfers from being subject to the Due On Sale Clause...asset protection/estate planning purposes are covered.Why Use LLC when an Umbrella Policy Does the Same?
Craig Parsons
Hot mess with a renter/squater how to get hew out ASAP
8 January 2025 | 20 replies
Selling before death would be a costly mistake - you did not explicitly state this was not a multi family but it seems likely from your description.
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.
Seth Williams
Alternatives to regular long term rentals, Sober Living or Group Homes?
29 December 2024 | 3 replies
If you decide to pursue this option be sure to EXPLICITLY spell out how the maintenance of the buildings will be handled as these types of facilities tend to be hard on property from my experience.
Tricia O'Brien
What Questions to Ask/Things to Look for When Interviewing Property Managers?
20 January 2025 | 2 replies
I have a few follow up questions:1) What's an example of "get referrals and cross reference them to get as much accurate information as possible"?
Christopher Lynch
What Is The Best Way to Start Flipping Houses and Raise Capital?
16 January 2025 | 10 replies
Only way I would ever do it again, is if that contract is written much more carefully and explicitly.
Polat Caglayan
about section 8
21 January 2025 | 1 reply
Section 8 refers to a voucher that some people use to pay for their housing.
Jackie Liu
Unresponsive Property Manager
11 January 2025 | 15 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.
Luis Herna
Can a Licensed Real Estate Agent out of state represent a buyer
22 January 2025 | 6 replies
Most brokerages will pay around 25% of their commission when you refer a buyer/seller.
Amanda Dobbs
Where to find Investors
17 January 2025 | 2 replies
The companies you will find in the lender finder section of BP are probably mostly companies as opposed to a private person like you are referring to.