Wesley W.
Umbrella policies for buy & hold
Because of numerous lender issues with LLCs, I've decided I want to try and protect my assets with an umbrella policy, for at least the present. I've read several threads on BP on this topic, and I'm still hitting th...
Bruce M.
Rental property ---> No attempt to rent - Tax ramifications?
What are the tax ramifications of deciding not to rent a rental property and just leave it empty?
This is a property purchased via 1031 exchange, rented briefly, and depreciation has been taken for 3 years.
Long ter...
Scott Mac
How Does an Umbrella Insurance Work
So many in here seem to like Umbrella Insurance compared to an LLC.
I'm an LLC guy, but I have some questions about your experiences with Umbrella Insurance.
Both owners and Insurance Sales Experts are invited to co...
Marc Winter
Max of Two Humans Per Bedroom is Discriminatory?!
HUD ANNOUNCES SETTLEMENT WITH CALIFORNIA LANDLORDS RESOLVING CLAIMOF HOUSING DISCRIMINATION--because of 'unreasonably restrictive two-person-per-bedroom occupancy policy'
Read below the Agreement issued by HUD. Do...
James Lau
Tax questions with LLC
I'm about to invest in my first real estate deal. I'll eventually consult with a CPA on tax issues, but thinking ahead about tax issues. I'll invest with my personal funds but will be creating an LLC as a limited part...
Cathy Malmrose
How many land contracts can I do in a year?
Is there a limit to how many land contracts I can extend in a year? It's a good option for me. I'm 52, want the passive income but not the landlord responsibilities. I've heard there's a limit to how many & my CPA...
Teddy Grooms
Loan limits (only 10?)
What’s up guys! We have 12 properties so far, 3 of our properties are financed with private money, not on our credit etc. we keep hearing that the limit for traditional financing is 10 properties but I haven’t heard a...
JonPaul Kessinger
How much personal liability should I carry?
What amount in personal liability insurance should I carry on each of my properties?
Mark S.
Loan Slots Towards 10 Fannie/Freddie Backed Loans
Not sure why this is such a difficult question. I’ve heard different things from different people. I’ve spoken with both DSCR lenders and conventional lenders. No one seems 100% sure. I’ve heard everything from ye...
William Shadbolt
Blanket loans and FNM 'financed properties'
Does anybody know if FNM count properties financed with a blanket loan against the FNM limit of 4/10 (4 for cash out refi, 10 total financed)?Does anybody have any experience with B2R and their blanket loan?