Kevin Kendall
Scedule E, Scedule C or 1065 partnership
My wife a I are buying our first rental property and I am trying to figure out how to file our taxes. We will transfer the property to an llc. We live an the property is in co which is a marital property state and the...
Chris Swier
Life Insurance and REI
Is anyone currently using a High Cash Value Life Insurance, policy as a part of their REI strategy. I just read Busting the Real Estate Investing Lies by Kim Butler. The case seems pretty convincing.
Anthony Cross
Type of Rental Property Insurance
Hi BP. I'm analyzing a few properties for my first investment property purchase, which I plan on renting out to my brother and a few of his friends in a college town. I asked my homeowners insurance carrier for a qu...
William Edwards
Property Insurance
I am working on a deal to purchase my first 4-unit apartment building. I was under the impression that I could insure the property as an owner/occupant with a residential homeowner's policy. However, I learned on F...
Samuel Choi
Infinite Banking Concept [aka Life Insurance]
I recently listened to the Millennial Money Podcast where Chris Naugle talks about using a specific type of life insurance policy to "become your own bank" and build a foundation for wealthy building.The idea is that ...
Collin Hays
Get the right insurance for your STR
We are taking on a client that has had a standard landlord policy on their rental. We required them to buy an overnight rental policy before we could assume management.Self managers, it is really important that you h...
Michael Brattelli
Insurance policies for rental properties
I would like to hear from long time rental property investors what things you believe are important in a homeowners insurance policy? What specific item coverage on the policy should be increased or decreased to have ...
David Wiser
How do I qualify for a Apartment complexes!?
What are major qualifications to purchase an apartment complex?How much down, how much personal income do I need, how much in reserves?
Kenton C.
First Insurance Policy - Your Thoughts BP?
Here is the replacement cost value policy I was quoted for a rental property that I bought for $71,500. The quote insures the property for 171,000$, and 500,000$ in liability. I am not operating under an LLC, and hav...
Tim Bergstrom
STR General Liability Insurance
Hey BP,I've got another question for all you STRP owners. I'm aware of all the bans and constraints of obtaining permits in Nashville right now, essentially only being able to obtain Type 1. But I've been wanting to o...