I'm currently in the middle of my first 1031 Exchange. I've sold my relinquished property and am under contract for the replacement property. The closing for the sale was remote so I was not there and the closing/ti...
I am selling my home on a BFT. What to do about insurance? I have a mortgage so cannot let buyers insure in their name or it could flag the due on sale clause. I've talked with several insurance companies and they...
Need Cash Out Refi Loan Estimate (LE) without points. But for refi, I don't have a good balance in my bank account. Should I have at least $10,000 to do?The scenario is this below and it will be owned for 6 months whe...
Hi All,
One of our properties was affected by the Texas winter freeze--burst pipes and wet units. They will be inhabitable for the foreseeable future.
What is the protocol with tenants? Do I still charge them rent? ...
Hi Everyone,I'm hoping someone here on Biggerpockets has some guidance on this for us. It's a little complicated, so I'll provide some background information.My wife's parents own two homes, both right next to one ano...
Hello,
I myself invest into a fund and have my own investors (that are not shareholders in my company) and want to know the options for protecting every individuals interest in case the lead (or only manager) faces u...
I would like to hear from any knowledgeable members who a solo 401K trust. My question is how did obtain liability insurance on rental properties that the trust owns? Also can the Trust be sued for issues that arise...
I've seen several posts related to losses from a BEC scam and came across this story of a title agent that lost some money to scamers and tried to recover from his E&O insurance.
The United States District Court ...
Hello,I've been a landlord for many years, but in 2022 we bought, rehabbed, and started operating a short term rental, so we have paid several contractors over $600. This year I also paid over $600 for property manage...
Hi guys,I am pretty new at this and was recently told about "Equitable Conversion" (by someone who is new than me. I'm not sure where they heard the term). From what I understand, it basically puts the buyer at risk...