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About to close on my first rental property (SFH)! Do I need any special insurance other than homeowner's insurance to cover my rental? Should I look into a separate umbrella policy to protect myself as it will not b...
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My most recent tenants broke their lease and left a boat in my back yard I've tried to contact them with no success, I've had the police try to contact them again no success. They left me no forwarding address or upd...
Do you get insurance for the contractors & handyman who works on the property? If so, which insurance company do you go for? Or suggest not to?Thanks.
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I'm a physician with a fairly high W2 income (and thus high tax liability). I've wanted to get into real estate for a while as a means of diversifying my assets and reducing some of my tax liability. I'm facing a $280...
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I got a new property and putting it on market. I want to be open to section 8 vouchers. Is there anything I need to do? Heard that section 8 listing requires government inspection. Can someone point me the steps. The ...
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My father lives in WI, and wants to go to AZ (family there/warmer weather). He's fine to have me pull out and use equity on his existing property. How can I do that? (I currently have some rentals, as well as 2 fix/f...
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Hello everyone,The homeowners really want out of the house but the liens exceeded their estimates and shot past my MAO. Liens:17k for automobile (co signed for stepson, haven't seem him or the vehicle in years) 20k in...
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Hey guys,
I am shopping for an insurance for our rental in TX, and the insurance agent proposed to NOT get 300K liability coverage, and instead rely on my home liability coverage to cover the rental. DIfference in cos...
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I am fairly certain I am asking a legal question- and ironically I am a lawyer (not in this area though!)... just wondering if someone can point me in the right direction or perhaps encountered this.Just found one of ...
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I am currently in Preforeclosure with a scheduled auction on August 20th, and I am under a special forebearance due to medical issues and having 2 small children under the age of 7. I found a buyer for my home, got a ...