What type of insurance do flippers usually carry? I'm trying to rehab, then rent the units while trying to sell the property at the same time. Do people usually carry umbrella for this? or just put properties under LL...

Hello all, I finally got my first property under contract recently. ARV is about 120k. Contracted price is 77,500. The home needs work (foundation, roof, and cosmetic updates). My contractor gave me a bid of around 46...

Where does one obtain insurance for self-owned/managed LLC's for property management service?  I contacted a few carriers but they will not extend coverage to management services controlling their owned properties. Th...

I have a single member LLC, created to hold my investment properties. I'm trying to buy a property where the owner will carry the financing (they want the cash flow) but they are uncomfortable with me purchasing an...

I have yet to experience depreciation recapture, since none of the syndications I participate in have exited.My question is this. I have had paper passive losses on all K-1s filed with no passive gains to offset(I’m a...

Seller financing -- when the seller gives the buyer a mortgage -- can help both home buyers and sellers.Seller financing can be a useful tool in a tight credit market. It allows sellers to move a home faster and get ...

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...

Hi all, newbie trying to get started in MHP investing.  I have been reading and learning as much as I can via books, forums, podcast, etc but I am stuck on the one thing that is stopping me from getting started - Fina...

Hi I’m new to this and this might be Stupid question but can anyone explain to me how this to options work.(hard lender or private lender) I heard something like 70%-30% is that aver you sell or how. I’m trying to sta...

 I am new to bigger pockets and own 5 condos(2 in Lake View, 2 in east Rogers Park, 1 in uptown. I also own a 3 flat in Mayfair park. I am receiving a pretty good cash flow from all of these properties. (Associations...