Cheryl C.
Rental property insurance - who do you use?
I need some advice on insurance. I have been using Allstate for years and have a couple of issues/questions. A new limit has been placed by Allstate and they won't write more than 4 LL policies per insured. I am gr...
Brandon Turner
Pitbulls as service animals... I don't want to get sued!
Hey folks - so I have a property in a lower-income part of town and almost every tenant who applies has a pitbull. (The animal, not the singer!) Anyway - tenants today know the game. They just need to say "it's a serv...
Hector Lopez
Registered Medical Dogs, what to do?
Hi, I am new in real estate rentals. I know you had dealt with the topic: a registered medical dogs. I have placed my home for rent and have received an email from someone who wants to place an application for my rent...
Tim Johnson
Renter started a daycare
Hello BP! I have a situation I'm not sure how to handle. I have a couple renting my sfh. Last fall they were falling being in rent an having to pay late fees. But since December they have been paying on time. I f...
Mark Leclair
Using Whole Life insurance to save on tax money
Has anyone done this strategy, I know tony Robbins talks about this on his book money mastering the game book and google it and I find the same results. So have you done this with flipping a house profits, rent roll p...
Douglas Wolf
march madness
Let the games begin.. i love this time of yr.. my pick is kentucky.. let go
John Adamkewitz
How far can a bank bend commercial lending rules, for their own REOs
Hi BP,
Just what the title says. I have 4 reo condos under contract, not a snowballs chance in hell, of being financed conventional. I asked for and received (on Paper) a 3yr lock @4%, with a 25yr AM. in hous...
David Johansen
LLC Question
I have been reading through the forum posts on LLCs and I am still unclear on a few points.1- Should I use an LLC for my first property or wait untill I have a few and enough equity/cash flo to worry about? (That said...
Mark Scarola
Rental Income Insurance
I don't have any rentals as of yet, but it's an area that I'm hoping to get into. I was reading an article (from the REI Expo magazine, if you're curious) and it mentioned "coverage against rental income interrupti...
Jenna Y.
First deal: Estimated Closing Statement from title company (FSBO/all cash): 13% of purchase price. Is this right?
Nine days after opening escrow, I received an estimate (actually the Buyer's Estimated Closing Statement) from our title company yesterday. It was emailed to me same morning the fedex package to the Seller went out. I...