I'm a first time home buyer and have been renting up until this point. Can I get a conventional loan on a primary residence and then convert it to an LLC if I want to have roommates or rent it out when I'm not there s...
I am considering purchasing a single townhouse to rent out. There are three other units connected to the townhouse but they are owned by 2 other individuals and are not for sale. Only one unit is occupied and the u...
So I'm going to be renting out a condo in California on Airbnb. Condos are difficult and expensive to insure here. The HOA offers enough protection for the unit itself and Airbnb claims to offer $1m liability protecti...
Hello Investors,[[Long post warning⚠️ 3-5min read]] My name is Sal, I live in Las Vegas. A little background about me I’ve been in sales and marketing for about 6 or 7 years now. Aside from a few very small flip proje...
I am at a stage where I have few rentals. For sometime I used HELOC loans and my own money to fund my purchases. But that’s slow and limits me to 1-2 purchases every year. I have talked to some Hard money lenders but ...
Has your local Real Estate Market been impacted?
Hey BP’ers. I’ve seen a lot of folks asking questions about insurance on your rentals. I’ve put together a simple Insurance 101 for any newbies looking for answers. As a State Farm Agent in Louisville, KY, I have work...
Does anyone have experience offering paid laundry (coin/ credit card at the machine) to multi-family tenants? Any tips? Am in option period for a quadruplex that does not have W/D connections. Potential opportunity - ...
Now I have home insurance on my properties, even the investments. Now I was told that landlord insurance is cheaper than home insurance. What are your thoughts? I have properties in California and Colorado.
Curious what other landlords do in this situation. Someone applies for a unit you have for rent, and meets all your qualifications (income, credit, rental history, etc.), but wants their friend/significant other ...