This is an example of why you need reserves before buying a rental property. On Sept. 3rd, a drunk driver plowed through my single-family rental in Independence, MO. The link to the news clip is below. The news got...
Hello all,My name is Cody and I'm new too investing in general. Just wanting too get my foot in the door. I have 10k in savings and want too invest it into something profitable. What should I do? I'm 25 with a house a...
I'm going to be closing on a short sale duplex this week and inheriting tenants in each side who are on month to month leases. My loan conditions require me to reside in the property, so I will have to give a notice t...
Thinking of buying a condo near the Medical Center area in San Antonio. I intend to live in for a year and then turning it into a rental property. Is it a good investment considering the HOA fees? There wont be a prob...
I own rental homes in Kansas and Missouri. $800 is what I pay in Kansas for property insurance a 3 or 4 bedroom with 2 or 2.5 baths home around 1500 square feet . These are nice solid A neighborhoods.In Missouri, a 1,...
Hello all, I have decided against moving my 2 properties into an LLC and instead will opt for umbrella insurance. I have often heard on the podcast that it is only a matter of time before a landlord gets hit with a la...
What are things I should be looking for/paying attention to for rental property insurance (dwelling, liability, loss of income wise)? Just wondering if insurance agents try to exclude important coverages that may be u...
As we all know there are tons of wholesalers out there. There are tons of good deals out there and there are just as many short sale opportunities.
Question is...as a new investor would you recommend one to learn t...
Hey all. So as many of you know our home in north Idaho is very much a seasonal rental. May through Sept. Sometimes part of Oct for cyclists and Thanksgiving once.I have an inquiry from someone who is traveling for wo...
We own a 2 unit house and tenants signed lease for 12 months. After 6 weeks they gave lame reasons for wanting to leave including my telling them they couldn't put Christmas lights on handrails on steps in front of ho...