Sandy Uhlmann
Does your due diligence include confirming Insurance coverage?
In purchasing a first position note, do most people verify insurance coverage prior to purchasing the note or do you wait until after the note is purchased and deal with it then? What is the best way to verify coverag...
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Legal Advice for All Investors
I found some good legal advice for contracts, documents, consultation it really helps for me getting my deals together and making sure I stay in the guidelines of real estate
www.prepaidlegal.com
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Joshua Ellis
Choosing a Short Term Property Manager
I am trying to negotiate a better management commission fee for my short term rental. For a newly renovated ocean front condo they are wanting 20%. What would be the best way to negotiate down to 18% or lower?
Hamilton Borden
Insurance on Sub To
I bought a house sub too! Kudos to Pace and Bigger Pockets! The house was going into foreclosure. I caught the payments up and deeded the property into my name. So I am the current owner of the house and have made 2 p...
Andre M.
Insurance for my STR in an LLC
Hello!I have 3 STRs in my personal name and I am switching them to LLCs. I know there is debate on whether or not one should go the LLC route, but I have committed to this and set up LLCs. When getting insurance is i...
Chad Skiles
What does in this blank?
On one of my purchase contracts, I have this paragraph: The Seller, at his option, agrees to furnish the Buyer, either a complete abstract of title certified to date, or a title insurance company's commitment to ...
John Gillick
Is this a good deal?
In a work/money fix&flip partnership:
The silent partner provides $1M.
The working partner does all the work, including securing an additional $1.4M in financing for the LLC.
The working partner keeps 2% of the...
Account Closed
Insurance question
Hello,
I apologize if this has been answered several times already, but I was wondering about insurance on a house - when the investor is doing a "subject to" purchase agreement to buy a house in a pre foreclosure, an...
Richard Okagbue
Insurance for rentals and vacant properties deeded to LLC
Several real estate properties in KCMO owned under LLC, most are rented already, we typically buy a vacant house, spend 6 or so months to rehab it from top to bottom, then rent it out. Now we have a problem of getting...
David S.
Contractor License legit?
While checking out a roofer to do some roof maintenance on a flat tar and gravel roof, I discovered that the license number that he Gave me belongs to a roofer in Los Angeles instead of San Francisco where we are loca...