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Results (240)
Eric Fete LLC with partner question
2 November 2010 | 11 replies

Hi everyone;

I am purchasing a sfh for a rental with a partner. I am working on a LLC for us to hold it in and had some quick questions:

1. how do we set up insurance with 2 of us owning?
2. do I set up an LLC...

Wai Fung Infinite Banking Concept, Cash Flow Banking, or Bank on Yourself
29 July 2021 | 216 replies

Has anybody used a IBC, CFB, or BOY policy to purchase real estate and use the returns to pay back the policy at higher interest rates than the policy charges? If so, what are the pros and cons? What are your thoughts...

Ben Whittaker owner finance causing me headaches, how to proceed?
13 January 2023 | 22 replies

Hi all, I'm in a bind and it's causing me nightmares, not really sure how to proceed from here. Any guidance would be much appreciated. I'll try to keep it as short as possible.Bought an owner finance deal from an age...

Nicholas Jose Lost rental income: use reserves or insurance?
4 May 2020 | 14 replies

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...

Ryan Keenan LLC / due on sale clause help
31 March 2021 | 11 replies

Hi BP, trying to change the title of my rental property out of my name and into my LLC. The bank said that it was fine however they will still report to my personal SS# and the insurance must stay in my name not the ...

Angela W. How to Set up Transfer of Property Before You Die
11 December 2022 | 2 replies

I contemplated on posting this article but decided to do it, since it's valuable information. These are some things a lot of us don't want to think about but should consider because you never know...Here's the article...

Kyle Harmon Florida Insurance Cancellations
28 July 2022 | 15 replies

I have been reading a lot recently of Florida Insurance companies cancelling insurance policies, now it has happened to me. My insurance company cancelled my policy on a rental duplex with very short notice. Their rea...

Jeff G. Got Badly Shtooked by Contractor in CT, Need Help
14 August 2017 | 5 replies

Long story short: my GF and I hired a contractor to renovate our condo. We had some issues with our bathroom surround not being water tight. We caused "indoor rain" on our downstairs neighbor's bathroom. At the advice...

Michael Baum I sure hope everyone is doing OK
2 October 2024 | 25 replies

Just giving a quick prayer out to those who are living in the destruction zone for Helene and those that have properties in those areas.Post when you can so we know you are doing OK.

Ian Saingarm Overfunded Universal Life Insurance
2 November 2016 | 5 replies

Hi guys, I was at an asset protection conference and one of those guru's who tries to sell you a tablet and a "program" was all about index linked overfunded insurance and I liked some of what I heard.  The idea being...