Brad Willman
Buying first multi. To LLC or not? That is the question.
Hello all, So we have a few sfh rental properties and have kept them in our personal names and carried extra liability (umbrella) insurance for protection. But now we are buying our first 4-plex and are considering pu...
Ivan Oberon
Installment # 7 Insurance Issues for The Real Estate Investor - LIABILITY Continued
LIABILITY - Continued Always carry as much liability protection as you can afford. As a minimum, you should carry $1,000,000 per occurrence. The larger your portfolio, the more liability protection you should have. Su...
Will F.
Landlords that have entity for Prop Management-- do you get insur
Hi I was wondering if landlords that self-manage their properties under an entity get insurance for that entity? Or if you get liability or workmans-comp-type insurance for handyman and workers. I basically self-mana...
Ellie Narie
Do you need to buy an umbrella policy if you have little assets?
I'm going to close on my first 4plex in a month with an FHA loan and 3.5% down. I don't have much assets, let's just say less than 50k in total (savings and stuff. Im young, so no retirement accounts yet). I've read o...
Lisa Gaines
Investor/general contractor partnership
How much should the split be if I am a realtor I can assist in finding the house along with the GC finding the house I'm carrying all the risks of financing, my credit card for material until draw and 3% for design he...
Gerald David
"Subject to" vs "Wraps"
I live in an area with a small population. I need to add more "tools" to help make deals happen. With that said, I'd like to add deals like "subject to" and/or "wraps" to my current tools of wholesaling/buy & ho...
Nick Saucier
Any agents ever been in any dangerous situations?
I read a little bit on the crimes committed against real estate agents while on the job and I'm curious if anyone has had any sticky situations or ever been really uncomfortable and uneasy.
Its odd that a white col...
Scott Smith
Seller Financing & Best Home Insurance Options for Buyer/Seller?
Looking for advice/suggestions from other seller financed note carriers. Do you carry the home insurance yourself on the property you are selling (normally forced place coverage) or do you let the buyer carry the home...
Michael Vaughn
Pricing expectations on assets in advanced foreclosure state
I have recently to looks into more and more deals which includes loans currently in advanced foreclosure status, for example , anything from a few hearings done to FC sale date set and it is 30-60 days.How do you chan...
Tanya Torres
Tips for out of state investing for 1st deal? CA is so expensive!
New to the BP Community and I have been diving in head first into research, podcasts & books to purchase my first investment property. I live in california & im wondering if it would make more sense to look fo...