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Results (5365)
Account Closed Umbrella Insurance for LLC?
2 March 2015 | 6 replies

So I have an LLC for all my flips. I plan on doing some eventual buy and holds as well. Should I have an umbrella insurance policy? What kind of protection do flippers here on BP have?

Ting Lai Insurance lapse, leading to up to $10K out of pocket repairs?
30 September 2018 | 6 replies

Some unexpected situation occurred this week in one of my rental properties in Tucson, AZ.I was about to file a claim for the house restoration (leaking / flooding issues) only to discover I had a lapse on my home own...

Alan P Question about using Double Lease Options
8 June 2009 | 1 reply

Hi.

When I do a double Lease option:
In option #1, i lease and option from seller (which are three documents including lease, option, and purchase and sale agreement);

What language in do I put in Option #2 where I ...

Wes Holmes Hard Money Collatoral
7 May 2024 | 9 replies

I'm just curious whether hard money loans are ever collateralized by anything other than the real estate being purchased. I'm reading an application that sounds as if my personal assets would back the loan. That even ...

Darin Knight New BP Member Portland Oregon
21 April 2015 | 5 replies

Hi BP.  I think I'm a buy and hold investor.  I have 3 single family units in PDX, all three 50% + equity.  Newish unit in the 'Couve (30% equity) that has me thinking cash flow might be more interesting than paper ne...

Bill Frog Invest 80k one nice/pricy place or multiple cheaper ones?
1 February 2020 | 4 replies

I've got 80+K available, with spare kept for unexpected vacancies/etc. My bay area market is too expensive for me to invest in/househack, so I'm free to look elsewhere. Reno/Columbus/San Antonio/Sacramento/Boise have...

Russell Roberts qualifying for a solo 401K?
20 February 2020 | 6 replies

I have a group 401K plan at my W-2 employer. I have an unexpected opportunity to transfer funds out of 401K plan while I'm still employed. Yeah! I'd like to transfer funds to a self directed retirement plan and in...

Matt D. Why Tenants Will Not Pay
9 April 2020 | 6 replies

Have several tenants not paying. Not paying rent to the landlord is quite honestly not fair and unscrupulous in many situations. I have tenants that are borderline laughing at me because I cannot do anything and they ...

Stephanie Simmons Partially Built House - Estimating completion costs
5 June 2020 | 7 replies

I am going to be meeting with a owner of a property that had a home partially built in 2002.  It is basically dried in, all studs in, and then nothing more was done to it.  I'm good with estimating the interior fi...

Evan Zelkovich Personal rant for accountability
9 August 2020 | 9 replies

First off, real estate is a long strategy for me. I joined this group a week ago. I am finalizing my refi on my first project. It has been a valuable learning experience. I bought the house through a wholesaler in a t...