She's a pretty great tenant other than the fact that she didn't disclose she had a dog. NOt only a dog but a Pitbull, who is on my insurance co's list of dogs they won't insure. She's also 6 months pregnant (the ten...
I've done private money lending in the past with both contracts and promissory notes. If you're a private money lender how do you protect yourself while lending? What legal documentation do you use? How do you vet you...
I manage a lot of rentals. One of my owners has been with Farm Bureau for about 25 years. They insure eight apartment buildings on three separate properties, 36 units in all.We had a kitchen fire in 2018, tenant cause...
Hi everybody. It seems like a huge number of BiggerPockets users are looking to quit their jobs and transition into full-time investing. A major roadblock to this, however, seems to be health insurance. Those of you w...
I have a signed purchase agreement for this fourplex for $328,000 in Minneapolis. Its a 2 story building with 2 units on each floor and an unfinished basement. Total 2500 sq feet above ground. There is gas based cent...
Who to have on your Real Estate TeamJim Rohn famously said that we are the average of the five people we spend the most time with. Guess what? Your business is no different. If you want to be successful in real esta...
If the purpose of an LLC is to protect my personal assets, can I forgo setting up an LLC and instead purchase personal liability insurance? Does anyone know the pros and cons of doing each? I honestly a little intimid...
I'm starting to rent out my granny unit as a short term rental. I have two units on the property, and live in one of them. Hello the beginnings of house hacking! I want to buffer myself and my assets, and have been ey...
I have 15 rental units and a primary residence in Frederick & Washington Counties, Maryland. Because they were acquired outright and my cash position has been continually strong since the time of the acquisitions ...