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I have to switch from Home Owners Insurance to Landlord. My agent quote me the following, please let me know your thoughts.
P.S. Someone suggested liability is too low, but did not said what would be a good coverage....
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Assumptions:
You can't leverage the money; no debt. There's no deadline as to when you'll have to give the money back. The goal is a solid, double-digit cash return each month, but some upside is necessary, unless th...
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My husband and I currently own a STR property at a ski resort in New Hampshire. Last year was our first full year of owning the property and renting it out, and we think we did fairly well. We calculated our total yea...
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So I recently got connected with a very good CPA in NoVA for my 2019 taxes, and she advised me that I need to see a financial planner. So far, I have been investing my money myself into stocks and bonds.
In my situa...
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Hello everyone, I'm very intrigued by the rent by the room strategy for the cash flow and filling a need for workers who can't afford an apartment. Has anyone tried it for nurses, nomads etc. Do you find that nurses...
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I had the chance to speak with Michael Blank on my podcast about just this. If you are interested, please give it a listen, and let me know what you think.http://commercialrealestatepronetwork.com/podcasts...
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Help! We are ready to start investing in our multifamily rental portfolio. We hope to gain passive income to fund a comfortable retirement, by getting started now, in our early thirties. We would like to avoid making ...
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I have 15 rental units and a primary residence in Frederick & Washington Counties, Maryland. Because they were acquired outright and my cash position has been continually strong since the time of the acquisitions ...
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Hello BP community, I was wondering if there were many investors out there who have invested in properties abroad. If anyone would like to share some of their experiences I would love to hear about them. I have looked...
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Hey All - Super n00b here.
We remodeled our basement and added a kitchen. There was plumbing and electrical that was added. There was also a washer and dryer added upstairs. We then added a wall to close off the wat...