What is the action that triggers changing from insuring each property one-by-one to creating an umbrella policy to cover the portfolio?I own a number of buildings in Maine and currently each building is individually i...
Hi All --I read an earlier post on Biggerpockets about whether or not STRs should go into an LLC. My takeaway was that unless you have 10+ properties that it does not make a lot of sense. It sounded like it can be eas...
Hello All, I am looking to do my first BRRRR deal in Albany. Has anyone worked with any lenders in the area on a deal. My concern is the seasoning period.
Hello Bigger Pocketers! Please chime in with feedback and experiences of your own. I am a home builder and currently build spec and custom homes. No investment excites me more than real estate. My “paycheck” is buildi...
Has anyone used HSA's and if so, have you self-directed it and invested in RE? I have just recently come across this type of account and find it to be very beneficial to RE investors. It is similar to an IRA (which ca...
I know we're all read about the 1% when it comes to real estate investing. For those who don't know what it means, it goes like this - A property that costs $100,000 should rent for at least $1,000 per monthA propert...
So I am a newer Invester and don’t have a full time job. So refinancing my long term rentals is more of a challenge. I have one triplex that I successfully BRRRRed into long term hard money 30 year fixed loan. Interes...
Closing on a SFR in Big Bear this week and my normal insurance carrier (AAA / American Modern) doesn't cover short-term rentals.Any recomendations on who to use up there?Thanks in advance!
I have a friend that wants to use one of his properties as an Airbnb rental. As he is moving out of state, I offered to manage it for him to see if STR is an investment strategy that I'm interested in. I'm a realtor a...
I have a few successful strs in Georgia. I am looking to refinance a couple of them, however my lender requires 2 years of income shown, and I don't have that for these particular houses. They will, however, accept ...