So I'm in the final stages of living 100% off of my rentals. As I prepare to take the final steps (probably in the next 12 months or less) I'm trying to answer a couple nagging questions I have. First, is there any t...
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...
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...
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...
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 ...
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...
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...
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...
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.
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...