I have an insurance, legal question.. I am putting in an offer on a 5 bedroom mansion-style house and was thinking to finish the basement and add in a weight room. Minor stuff, maybe a rack of free weights, a benchp...
Hello everyone,I was reading a few other posts regarding this, but I don’t think anyone really put it in layman’s terms.I assume that the point of ensuring that your contractors have GL and workman’s insurance is beca...
Howzit BPland,I am hoping to find clear definition as a residential property owner, would/could I be held liable if a tenant's dog bits and injures someone? If the victim is looking for retribution, could I be held re...
I'd like to add a home gym to a 3BR home I own in NC for when I'm staying in it. When I am not occupying the unit, I intend to rent it out as a STR. The gym would include "dangerous" equipment like free weights.
Let...
I just purchased a couple of SFH’s that are already under lease and producing good cash flow. However, after closing I came to find out the current renters do not have renters insurance. Is this something I should r...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $60,000
Cash invested: $65,000
This house was tenant occupied and burned down during the winter storm in Memphis, T...
Hi, we're a small BRRR operation primarily buying distressed properties to renovate and hold in NY state, but also open to flips.I've been struggling to understand how to appropriately/legally/safely hire independent ...
I'm having trouble finding on elf these to give to a contractor, what makes it even harder is I don't even know what it is.
Im planning on buying a single family house in Fort Myers, Florida, and rent it to college kids. Rent out the rooms and I'll live in the garage (dream come true kinda).NOW, if I tell the tenants, "Sure have people ove...
We've had a brutal winter in Chicago this year! Lots of snow and ice.
So a tenant in one of our building's rents an illegal basement apartment. We bought the building in Oct and inherited the tenant - I didn'...