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My tenant has a masters degree in Art and enjoys creating ceramics. She wants to install a kiln in the garage of my 1970s rental house. My first concern was the wiring of the house isn't equipped but she assured me sh...
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Hi team, I purchased my home in 2018 and it will soon be my first rental property. I would like to manage my property and future investment properties under an LLC. I've looked into different websites such as Zenbusin...
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Hi all, I need some advice regarding transferring to LLC. We are closing our first rental property next week. The deed and title insurance will be under my name. My original plan was to transfer to a property owning L...
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i am looking at a property with tenant in place. Tenant is happy and would like to stay with the house as-is. If it were vacant I would put around $10k into it right away to cure some issues (mainly cosmetic like fl...
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Hi bigger pockets community,I'm about close on my first home purchase and am doing the house hack method, renting out all rooms except my own. I'm worried about the liabilities that could come with this before I estab...
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What are some insurance companies you recommend with best coverage and reasonable pricing for owners of apartment buildings. We are in process of underwriting and our lenders think our estimate of $550 per unit is to...
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Thank you, all for your contributions in advance and thank you to BP for creating this awesome resource. Every new project is new adventure, here I’m working on another one. We’re about to close on property in distres...
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I see a lot of discussions on when to keep properties in a personal name versus llc. I thought this post could help investors in the planning process.__________________________________________________________________...
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Here’s a riddle- how can an agent/broker have errors and omissions insurance coverage in place at the time of a sale, yet have no coverage a few months or years later when a problem surfaces in connection with that tr...
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Its easy enough to find insurance policies that cover rentals and flips but does anyone know of a company that underwrites general asset policies for the wholesaling side of my business. I came across a vacant house i...