Eamon Conheady
Liability insurance on SFR
Hello,
I have a landlord policy on my sfr, but the liability is at $300k. Is this too low? The property is in AK. What kinds of limits do people have for these types of properties, or per unit in mfr?
Burt L.
Book Rental Showing Appointments Through Zillow Without Any Conversation?
The title covers most of it- I get lots of "electronic interest" but still want to speak to a human before setting an appointment to show a unit. I also live at the fourplex and want to learn of the person I'm to inv...
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...
Cameron Kolling
Mobile Home Park Depreciation
I am in the process of buying a small MHP consisting of nine lots with eight of those lots having trailers on them that will be purchased with the park. I am not finding a clear answer on how those homes will be depre...
Arjun K.
Help me understand landlord insurance
I am bidding on a $230K market price property, where I will probably add $20K of equity thereafter in form of upgrades. the land is appraised at $100KI by tax man. This will be a rental property.
I solicited quot...
Craig Moore
Putting together your marketing letter (Question)
Hi BP,I've been reading through the site and looking at different tips from you all (thanks btw). I, however, haven't found a thread on what to include in my direct mail letter. I am ready to begin sending out letters...
Dominick Johnson
What goals did you set for quitting for W2?
What goals did you set for yourself to achieve before quitting your W2 job? What's your journey to time freedom and financial independence look like?
Ryan Fox
Piercing the corporate veil in California
There seems to be a lot of confusion on BP as to how you lose the protections of an LLC or business entity. In legal terms, this is called “piercing the corporate veil.” A business entity can shield you from liabili...
Nicole Davidson
How are people getting these big lines of credit?
I have investor clients tell me about their giant lines of credit available for cash purchases... in your experience, are these relationships with local banks? private money?
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...