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I recently signed up for iul. However now I'm hearing stories that they may be a scam or some type of pyramid scheme. Does anyone have any experience with them
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Feels pretty yucky. I took some money out of my 401 K to pay back some debts. I paid off almost 6,000 in a high interest credit card , The next day my credit score dropped 90 points. WTF?
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I have moved out of my primary residence and intend to rent it out in California. About a year ago, I had a water line break and cause $18k of damage; I filed a claim with my insurance (AAA). The renewed my homeowners...
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Will an umbrella policy be enough to cover a lawsuit when owning multi family and commercial properties? Or is both needed when we have a lot of equity invested? Also, for each property should they have their own umb...
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Hello,
I'm going to hopefully be purchasing a few turnkeys properties in the near future using DSCR Rental loans (is there a better name for these?). I've watched and read a lot of the negatives of using an LLC as an...
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I am a little excited and nervous. Someone agreed to let me borrow from his life insurance for REI but I want to know how to keep the transaction legal an safe. Have anyone from BP have done that?
What is the process...
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I have several 11 rentals with state farm …and each rental has its own insurance policy. I have been recently quoted an insurance policy from American Family that would include all rentals on 1 insurance policy. The c...
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If you had $70k in your bank account, how would you invest it right now? Non-real estate
Be gentil, Im young 24, and am still learning....I have a FarmBureau Life Insurance Policy setup for me in 1990 that earns 4.5% for any funds deposited. I will pay $67 per month for the policy once I take it over from...
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I am considering venturing into the STR market chasing higher returns (gotta be honest!) after liquidating my long term rentals. My first "trial" STR would be my primary residence on days when I'm not home, which is a...