Isadore Nelson
Plausible deal in Toledo, Ohio?
Good morning, the following property is up for sale at $250k.
https://www.zillow.com/homedetails/114-S-Broadway-St-Toledo-... seller has 'described' it as follows:
"The property features a new roof and updated...
Jorge J Gonzalez
I'm questioning my closing Costs with the bank
Hi BP familyI'm getting ready to close on my first income property with Wells Fargo. Closing cost are $2792. Wells Fargo is also adding another $3709 in "other closing" cost for a total of $6501. The other cost inc...
V Krishna
Insurance for Rental Property on LLC with 3 Members
Hello - I bought a rental property (single family home) on my name and would like to transfer it to an LLC with 3 Members. This is in the state of Texas. The members are myself, my own brother and a best friend. The i...
Account Closed
401K or Not?
Hello all.....
I'm just about to buy my second multifamily property and one of the advices that my uncle gave me was to max out my 401k. Now, don't get me wrong, he owns a franchise and also has about four rental pro...
Nick Connors
Insuring a Property Under an LLC
Hi,If I put the deed to my property under its own LLC, what’s the best way to insure the property considering:1.) I permanently live in the main dwelling. 2.) The property has a detached structure I would like to util...
Luca Giani
How much Home Insurance Coverage?
hello everyone,I am trying to find the right tune between cost of premium and coverage. It's my first rental property so I am just asking for advice that might sound stupid but I will do it anyway :-)The general quest...
Ek D.
Liability Protection : Short Term Rental ADU on PrimaryResidence
Hi,I am planning on setting up 2 rental ADU on my property in Seattle, it’s a 1/2 Acre Lot so space is not a constraint, but I need some inputs on liability protection strategies anyone has implemented for a short ter...
Stan C.
What coverage is a MUST? What's unnecessary?
I'm shopping around for insurance for my first duplex. I won't have a LLC for now, no umbrella coverage either. What are recommended values of: - Liability protection? - Medical Payments? - Loss of Rent (what perio...
Paul Ellerbusch
LLCs: is an operating company enough?
I am a new real estate investor and I am closing on my first duplex in Milwaukee, WI this month. I took out a conventional mortgage (30yr/3.125%) and the property is will be held in my own name. I am trying to incorp...
Tyler Fox
Insurance for short term rentals
I am brand new to real estate investing and was wondering what is the best way to go about insurance that will cover me and my assets for my short term rental through airbnb or Vrbo. Thank you for any advice!
Tyler