James Maher
Referral Fee
I am looking for houses in my area, and was sent a list by someone. She charges a $1000 referral fee to the buyer per purchase. I personally don't have a problem paying that, but I of course factor it into my acquis...
A Holder
Property Manager Fees Trinidad Caribbean (TNT)
Iam searching for a property manager to help manage a two unit rental property we have in San Juan, Trinidad. The property has two tenants who are setup on direct deposit. Since I'm not in the island anymore, I need ...
Rob Slade
real estate license required/suggested?
When starting out and buying investment properties (rentals), is it advisable to get your real estate license? Pros and cons? I was told that if you have your license, that when you rent your property, you have more l...
Deepak Gupta
Commercial Lending Officer - 12 plex financing
Hi I am in contract in a 12 plex with a partner. We are looking for a commercial lender who can provide 25 or 30 year loans. We are looking for 25% down on this property.Till now I have only bought SFH and my current ...
Mike Stone
Insurance 'named insured' on a rental property in an LLC
I bought my a vacation rental property via an LLC for the purpose of protecting my personal assets from liability. I just got an insurance policy on the place (i have $300K of liability) but I was concerned that th...
Aaron Jones
Advice on acquisition strategy
Hi,
I am finalizing my investment strategy, and I have a few questions regarding how/when to utilize LLCs. I plan on purchasing foreclosed SFHs with cash, rehabbing as necessary, renting them out, then getting financ...
Bradley Chiakas
SALT Deduction Limitation Question
Hi BP Community,I have read 5 articles and am still unclear on the new $10k deduction limit on SALT. I am considering all tax implications before purchasing my first multi-family property.I currently have about $150k ...
Lynn Henley
How to Deal With Multiple Owners Scattered Around the USA
I've found a residentual lot with 5 owners, who are scattered from FL to CA, but none local to the property. I've had verbal commitments from 2 of the owners, and they tell me everyone is OK with selling it. I've ha...
Kyle Milani
Getting into rental arbitrage - with or without an LLC?
I am looking to nail down my first lease in Florida. I currently do not have an LLC yet, it's going to take at least another 30 days. I have found I property that I like but don't feel that it will still be available ...
Jeff L.
How exactly do umbrella insurance policies work?
Say I have two properties, both under separate LLCs and insurance policies.If I get an umbrella policy under one of those insurance policies, can it cover the other property as well? Or do I need to get two umbrella p...