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Good afternoon, BP.When you start out and buy that first duplex (or other multi-family property), would you rather A) save enough in your reserves that you're covered for at least 6-months' worth of lost rent? or B) u...
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I have a 4 bedroom that I have on a owner finance mortgage that I have as my homestead, I rent out 3 rooms (as I am a single man no kids no animals) the benefits are great because I can live in the property and still ...
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Got my first quote for STR insurance at $4,190/yr. I’m wondering if there are better options. Could I just add general liability insurance to my existing homeowners? Or do I just need to bite the bullet ?
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I have a rental guarantee in place with the Seller of a property I bought (guarantees my first 12 months rent, regardless of the property's tenant status) in Indianapolis. The company has undergone sweeping changes i...
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I entered into a one year lease with 4 tenants (jointly & severally, and collectively referred to as "Tenant"). The Lease requires Tenant to carry a renter’s insurance policy covering Tenant’s household goods, per...
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What if no other insurer will provide a new policy, but my lender requires full ongoing coverage, and would treat a naked situation as a default, meaning immediate loan repayment or foreclosure?
An upcoming refinan...
During the deep freeze in Feb the pipes burst in the secondary bathroom of our 2br/2ba rental property. The insurance claim process took a month to resolve and pay, and then our contractor wasn't available to start un...
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I have a rental that I purchased with a conventional mortgage. I have since deeded the house to an LLC (with the banks permission). Does it make sense to have the LLC pay the personal mortgage directly from its accoun...
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I am wondering if the interest from a seller financed property is taxed as your income rate or as some sort of capital gains since it is result of the property sale?
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Can anyone recommend a reputable VOD company?