I live in one unit of a triplex which I own (i.e., House Hacking). Both this property, and another property that I own are in a single member LLC, of which I am the sole owner. Because I have been staying for "free"...
So I need some help with understanding assignment of mortgage. Why would I see assignment of mortgage being past around like a hot potato? Should I worry about bidding on this house? Plus I see on the doc adjustable r...
Can a security deposit be used to cover unauthorized pet fees in a rental? I have a tenant that moved out and they had two unauthorized pets, a cat and a dog. I confronted them about this since the lease clearly state...
I'm just in the process of securing insurance to the inside of this condo, when of course the HOA calls me with an "emergency": the tenant somehow managed to get the drainage hose out of it's socket on the wall and di...
I currently have Farmers Insurance for my 2 unit multifamily in Jersey City Heights. Which I pay around $1,600 for the years. I also have State farm for my condo in downtown I pay around $450 for the year. My insuranc...
Financed my first STR to get 90% loan, so property is in my name (not owned by LLC).Any benefits to leasing personally held vacation home to my own LLC, to help keep business expenses separate from personal & long...
Hello BP,Aside from top rated insurance carrier what are the most Important things to consider in a policy for an Apartment? Thank you in advance for any information you can offer.
Hi all - Thought I'd share some of the "red flags" or warning signs I consider when accepting bookings at our vacation / short term rentals. If several or most of these are present, I won't hesitate to deny or cancel...
Major water damage in my investment property from a sudden pipe burst there was some other damage from a break inand had a previous break itI have max 160k insurance payout.It is a builders risk policy for house flip...
I carry a note that is now 3 months delinquent and I have to start forclosure. The borrower/ owner is MIA this is not the first time this has happened but he usually contacts me and gets his payment up to date. This t...