What are peoples thoughts on this language (proposed by Renter)[Renter says ] The only remaining wording change I’d suggest is to make clearer that I’ll have rental insurance for all the things that this covers, and y...
Hello, BP community,
I am interested in learning about owner finance underwriting. Currently, I'm evaluating a property where the owner initiated a loan two years ago. My question is: How much equity should an owner ...
I just got my first duplex and I want rent out. I got a mortgage, so the lender requires Home Owner Insurance so I went out and get one, but the insurance agent said they can't offer it if I don't live in the propert...
I'm purchasing several homes in the Lake Tahoe area which will be rehabbed and then put on airbnb. Trying to determine the best way to legally structure the homes. Do I have one company that then owns each home which ...
Hi all,For those investing in trust deeds or private lending in an LLC structure, do you place an insurance policy on the LLC? I understand taking actions to mitigate piercing the LLC’s corporate veil (e.g., don’t com...
View report*This link comes directly from our calculators, based on information input by the member who posted.Hello BP folks! I'm looking for advice on a potential deal. I obtained this lead door-kno...
My sister is in possession of my late grandparents home. My brother has always had an attachment to this house so it has tons of sentimental value to him. My sister told him she would sell it to him for $35,000 (valu...
Hey All, One of my tenants complained that the new next door neighbor (not a tenant of mine or anything) smokes a lot of weed and that the smoke is getting in the house when they leave the AC on so it's been a nightm...
Flipping real estate has become mainstream; not just something investors do, but an activity done for entertainment in the same manner treasure hunters will dig through old garage sales. TV, radio talk shows, and Face...
Hi folks, As we know residential depreciation is 2.5% (cost of building/27.5) and commercial real estate depreciation is 3.6% (cost of building/39).Is it true that components(contents, landscaping, improvements etc.) ...