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I understand that the "gold standard" is to ensure every contractor has liability and worker's comp insurance and that I have renovator's insurance on the rehab property.
That being said, what are your thoughts on e...
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We all know change is a MUST for any type of success. Change is usually painful, but as the old refrain goes NO PAIN ! NO GAIN. What is something you have had to change to get from Point A to Point B. What do you t...
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I signed a contract with a realtor to find a tenant for my property. He found a tenant after vetting the tenant, we signed a lease, and the realtor sent me a screen shot of renters insurance and utility agreement wit...
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Dear BP members,My wife and I are getting serious about buying our first investment property(s) (one being a personal residence) here in the Atlanta/Decatur area. We are looking for either one distressed multifamily ...
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Hi BiggerPockets,I have read the book advanced tax strategies and want to take advantage of the Self directed Solo 401(K) I have a few question and was hoping the community could help me out.Currently I have a W2 job,...
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I read that I can hire my children to work at my home base business, which is an LLC. We live in NYC, but our LLC is filed in NC.
Question: If I hire my 11 year old as an employee to do of course reasonable work for...
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I currently have just under $10k in 401k funds available. I've heard of self-directed IRA's being used for real estate, and I'd like to potentially look into utilizing one now or in the future, or some other type of v...
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I work with a handyman guy who has general liability insurance but I don't think he has worker's comp. What am I exposing myself to liability wise? He does all sorts of interior and exterior work and inspect homes for...
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I’m obviously new. I don’t know if I messed up or just happened to grab the best rotten lemon tenant. I purchase 4 units. 3 of them already filled. I did the best screening I thought. had them pay to do the credit/evi...
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I've been advised that in addition to the liability protection an LLC provides, and in addition to the homeowner's insurance I cover on my rental property, I ALSO need insurance for the LLC that protects me from gener...