Rajeev Agnihotri
LLC or Umbrella Policy?
I have 3 Properties in NV held in an LLC. In addition, I have 3 Properties in CA - & I am planning to move them to an LLC as well.
I have been advised to get an Umbrella Policy in order to protect my asse...
Ed Moran
Land Trust ... LLC..Umbrella Policy
Hello BP - I'm about to secure my first REI (MFH) in FLA via conventional financing. I have read about placing properties in an LLC but there is a risk of violating the Due on Sale Clause. Speaking with my lender/br...
Dan B.
Tenant request to split cost of an 'upgrade'
I've hot an interesting proposal from a new tenant. They asked me about splitting the cost of installing gas logs in the fireplace. Total cost $1200. They would pay 600, if they ever leave, they would leave it. Propan...
Jacob Tudor
Hazardous Porch Condition – Can Tenants be Removed for Safety?
Hello BP!Recently, the city inspector’s office where we own a rental in Michigan contacted me and informed me that “a concerned citizen” complained about the condition of the front porch of the rental.It is easy to as...
John Fitch
LLC before you buy your first deal?
Here is my plan. Cash out refi my paid off primary residence for 150k & purchase a foreclosure w/pool for 129k(BRRRR) that needs a new roof & probably 5k in other repairs. Zillow has it valued at 234k but I do...
Cory Remekun
Rehab and Construction Halted?
With the shutdown and isolation of people gathering in various cities(more soon to come). What are investors doing if caught in the middle of a renovation project? Will construction stop?
Ben Kelleher
How to structure and REI Company
I'm preparing to enter the REI world, looking to close my first deal before the end of 2023. My goal is a combination of STR and LTR, investing mostly for cashflow. My question is-- What legal structuring do I need to...
Romain Nguyen
Looking for umbrella insurance recommendations
Hi all,
I'd be interested if some of you can share recommendation of good umbrella insurance companies that you're using, and am also interested in insights regarding the coverage that you selected. I understand tha...
Jay O.
Purchasing Multiple Properties at once which are Multi-Family units
Hello everyone.
Thoughts on structuring this deal. What to look for? What to be aware of? Simplest way to put it together. Suggested steps to take or a great general outline from beginning to end. Advice from...
Chris D.
Private lender looking for specifics on Insurance question
Hi BP members - I am not knowledgable about insurance. I'm lending to a borrower who has multiple flips going on. I just want to make sure I am adequately insured so would appreciate any feedback from insurance profes...