My partner and I have purchased 4 properties (all single-family homes) in the past 18 months (3 purchased 20% down - 1 at 25% down). The mortgage company we used was a referral from our realtor (who is great). The len...
Hi there --
My business partner and I have just started up our series LLC, and now have 3 single family homes.
We have secured landlord policies for the homes with an insurance agent I've known for ...
I'm reflecting back on a situation that happened over the last several days and trying to ensure that I properly identify the lessons learned. I'll lay out the scenario below, and I'm hoping you all can provide some ...
Hello,
I recently purchased a single family home in Detroit, Michigan, as an investment property. It would appear that nearly every agent that I've spoken with wants me to switch my auto insurance policy or home ins...
Good Afternoon All!I am purchasing a property that was built in 2022 and it is a SFR. I am out of state so I have a reputable PM handling the tenant but I want to make sure I am adequately protected in terms of liabil...
I am renting the basement of our house as a two bedroom apartment on Airbnb. Should we have this set up as a LLC? Right now we just have the rental income going into our personal bank account and a lot of the things w...
I have been investing in real estate for the last six months. Now that we are about acquire our third property, I think its time to formally create a company to operate the business under. I am confused on the bes...
I have a potential sub to deal - 5.5% amortized 30 years 5 year ballon. The seller will let me pay their current lender directly and then send them the monthly difference. The current mortgage / escrow includes taxes ...
I would like some advice on insuring rental property. If I rent a two family property that I own and have homeowner insurance on it currently, would it cover if I decide to rent both units or would I have to report th...
Hello, I live in New York and I am looking to start buying rental properties in the Philly area. I am fairly new to all of this and I am trying to wrap my head around what the advantage/disadvantages of creating and...