Drew Cameron
Become your own bank
Hi fellow BPers. I stumbled across a book that was mentioned in one of the forums here called "The Wealthy Code" and read it cover to cover really liking the ideas, content and the way it was written. The author wrote...
Rashad A.
Tenant occupied or standard home insurance
Hi,I am shopping for home insurance and was wondering whether I really need tenant occupied home insurance. It usually comes at higher cost than standard home insurance. Appreciate if you guys help me understand the c...
Stephanie Baron
Turning Primary Residence into first investment Property
Context: I am just starting out as a newbie investor and landlord after many years of hesitation. I have turned my primary single family rowhouse in Philadelphia into a rental. I did this because 1) that was always th...
Viral Patel
Roof replacement Cost Value
Hi, I opened claim for roof and wind /hail damage and it seems insurance agreed approved the claim. Later when I got the estimate what I found out that they are only going to give replacement cost coz roof is at 10 ye...
Wesley W.
Multi family shared yard
Hello all,Here's a question to you small multi family landlords that have properties with a shared yard. Specifically, what is your policy on its use as well as the use of tenants' items therein?Some context...I have...
Yoni R.
vacant property insurance Florida
Do you insure a SFH for vacant insurance while flipping it? If so what insurance agency do you use and what is the price? I have a house around 200k that I am flipping right now and trying to understand what is usuall...
NaTarrio Jones
Umbrella Policy vs LLC
Hello BP. I have 3 units (Texas) in my personal name and I have a four unit (Louisiana) under contract also in my personal name. I do have an LLC but my intent is to max out my conventional loans before I begin to p...
Ian Saingarm
Overfunded Universal Life Insurance
Hi guys, I was at an asset protection conference and one of those guru's who tries to sell you a tablet and a "program" was all about index linked overfunded insurance and I liked some of what I heard. The idea being...
Jason Clough
First rental property legal structure
Hi All - I'm currently in the process of shifting my primary residence to a rental and moving into a new home. Its a single family home in Philadelphia, so I don't need a huge infrastructure but wanted to check and se...
Alex Polyanskiy
What kind of savings accounts do you use in 2020?
2020 has been a crazy year in terms of savings account interest rates. What bank do you use to keep your reserves?