Mary Kang
Solo 401K for distressed assets / Private lending - Set up LLC?
I plan to use my Solo 401K for investing in distressed mortgage notes, real estate and possibly private lending. From a business perspective and identity protection, does it make sense to set up an LLC under my Solo K...
John Dahl
Dwelling Insurance all over the place
I am under contract for a duplex in Syracuse, NY, built in 1925 and have received three different insurance quotes; all having significantly different dwelling replacement costs.Purchase Price: $155,000Quote 1 - $292,...
Samantha Smith
Insurance Inspection Gone Wrong
Hello,
I just bought my first house because of Bigger Pockets! Our plan is to rehab it while we live here then move out after a year and keep it as a rental. Our insurance company is now threatening to drop us if we...
Rick Turman
Flood Zone or no Zone
So today I made an offer on a property and all seems promising. However, I put that the Seller must provide a Flood Elevation Certificate and must be approved by me. The MLS shows that the property is not in the flo...
Curtis Curley
Clearing title for land bought in cash
This story may be long and I'll do what I can to summarize. Here's the scenario. I purchased a piece of property with cash. It was my very first time purchasing property with cash and I thought it would speed thing...
Diogenes M.
1st R/E investment question - Remote Deal or Local Only?
Hi guys, I'm brand new here (both to R/E investing and w/ BP) and I have a quick question as I'm reviewing deals from all sources. While my plan and financials does include property management for any location - for ...
Nicholas Cavato
FHA vs Conventional with LLC involved
Looking for advice from you BP pros out there.I will be purchasing either a single family residence or multi family residence home in the Cleveland, Ohio area no later than January 2025 and intended on purchasing usin...
Nick Ragland
Landlord Insruance/Fire dwelling coverage
Hi BP,I converted my SFH into 2 units a year ago. I’ve been house hacking one side and I’m renting out the other side. I’m considering fire dwelling coverage or “landlord insurance” to protect myself in the event tena...
Ben Gradert
How to navigate Health Insurance / benefits
Hello! My wife and I just began our real estate journey and our hopeful to do this full time. One of the things we constantly discuss is benefits and health insurance. I was curious if you guys have some feedback abou...
Jeff Bousquet
Insurance with knob and tube
I have a accepted offer on a two family in MA with knob and tube wiring, but I'm finding it difficult to locate a company for insurance. Any ideas?