Neil Smith
Insurance Policy For an Arbitraged Property
Hi all, I'm long-term renting a property to tenants (a husband and wife team) who will short-term rent the property via AirBnB, VRBO etc. My home insurance carrier (State Farm) seems to not be familiar with this arbit...
Account Closed
How to structure owner occupied office space with tenants
So most people seem to recommend an S corp for flips (and new construction specs), and an LLC for long term holds. I've adopted this tax strategy, and my LLC has now purchased an office building. The building has...
Matt McCue
Student rentals - request to move in a few days early
Brand new to RE investing...I bought two 6 bedroom SF houses that were set up for student rental housing in June. Tenants for this academic year move in Sept 1st. A couple of students asked to move in a few days ear...
Erik Pacpaco
home insurance claim after water damage
We had a plumbing leak in our rental and there was damage to the flooring to the bathroom, kitchen, hallway as well as one bedroom. It was so bad that the tenant contacted us with a video showing the water seeping thr...
Dave Wyman
LOI format / example
When submitting an LOI for a small multifamily property, should I use a lawyer to draft a template to use? Or is there a standard LOI most investors use? If so, would anyone be willing to share an example?
Thanks i...
Christian Estrada
Out of State LLC
Good Evening,
I am a resident of California, have a Texas driver's license, and own a home there. I am currently stationed in Virginia.
I would like to start an LLC (e-commerce) out of Wyoming but I am not sure if ...
Chuck Hollowell
BRRRR with HELOC and delayed financing
I’m getting set to do my first BRRRR deal. After talking with my mortgage broker, my plan is to use a HELOC to buy the property for cash, do the needed rehab, and then use the delayed financing exception to repay the ...
Ryan Mainwaring
Columbus Ohio Networking Groups
Hello Columbus Investors,I am looking for real estate investing networking groups who regularly meet up in Columbus ohio. If you know or attend networking group, I would like to know how often they meet, where they m...
Paul Sandhu
Do your STR tenants bring their own beds?
I've got 4 guys in a 3BR house with 4 beds. I went there this evening to collect rent. There was a 5th bed in the living room and a 5th guy was sitting on it. I don't know where the bed came from. It wasn't in the...
Joe Ruder
bank question
Hello - new member, first post to pro.Can we ask specific bank/vendor questions here?If not, please feel free to delete this and accept my apology!I currently bank with Regions and I am thinking of switching to Bank o...