Andrew Herrig
Insurance for Property with Exterior Damage?
I recently bought a duplex that is occupied on one side and needs fairly extensive renovations on the other. Due to my contractor's schedule slipping (surprise surprise) I am at risk of losing my insurance coverage. M...
Greg Rementer
moving property from personal name into LLC
Hi Everyone with experience with moving your title into an LLC for corporate protection. Once the title transfer has processed, in terms of switching all the bills into the LLC bank account, do I just move the mortga...
Shawn Terrell
Lapased Property Insurance
Hi all - Long time reader, 1st time posting here. I've done a bit of digging but wasn't able to find an answer - apologies if this has been covered.If a home insurance policy lapses for more than 30-days, will it be a...
Rodney Marcantel
Selling our Care Home business and leasing it
We are selling our current 4/3 (converted from a 4/2) senior care home business for $20,000 (invested $19,000 in updates to care home status and new 3rd handicap bathroom). I'm just curious if this is a good deal to l...
Brandon Leong
Insurance questions - deductible? liability? umbrella?
Hello, Everyone!I am currently in the process of setting up insurance for a property I bought in Kansas City. I was wondering, the typical insurance you need is: Landlord insurance (for fires, hail, explosions etc..) ...
Natalie Davidson
Buying with everything you have a good idea?`
I am planning to buy a house with just about every dime I have saved. I may rely on the 5k in credit cards I have as a safety net. I know it seems risky but the homes at my maximum budget will likely produce the highe...
Timothy Leong
Buying a home that had prior fire damage
Hey All,
What are your views on buying a house from a flipper that had prior fire damage? The flipper bought it from someone who took the insurance money $259k and just sold the house to the flipper. The flipper ...
Jessy Wang
Mold Issue
I have one condo rental property. One tenant complained that there is mold around A/C unit. It was very cleaned when I inspected three weeks ago. I guess he open the window alot in this humid weather so it happened. I...
Scott B.
Anyone benefited from the liability protection afforded in an LLC
Hello BP members,I am considering placing my rental property into an LLC for liability protection and dropping my umbrella insurance due to a spike in the rates and the fact that we don't own an automobile. As I am l...
Gary C Jones
Renting a SFR with a swimming pool
Wondering what kind of liability it would be to rent our current home with a pool in the backyard. Any input would be appreciated. Thanks again BP!