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?
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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...
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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 ...
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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 ...
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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...
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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...
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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...
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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 ...
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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...
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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...