Nancy Truong
8 Layers of Asset Protection for Texas Residential Landlords
I recently posted an article about protecting assets and figured I can share it here as well. Below is the article. Enjoy!
Investing in rental properties has tax and wealth building advantages. Like any other busines...
Cameron Moore
How do Insurance Rates work?
As a lot of consumers may not fully comprehend what determines their insurance rates, I'd like to offer a concise explanation of the factors that come into play: Insurance companies are profit-driven businesses that p...
Jeff S.
How safe is your cash?
Invested in a stable value fund that maintains a stable net asset value for preservation of capital. Supposed to be safe but in talking with one of the advisers he informed me they had a large position in AIG before t...
Christopher Smith
Property Manager "interested party" and/or "additional insured"
What is the best practice when it comes to requesting Renter's Insurance, to have the Property Manager listed as an "Interested Party" on the policy, or listed as an "Additional Insured" on the policy, or both?
Jill Iwanski
Life insurance premium tax deductible
My question today is the life insurance premium we are contractually obligated to carry tax deductible. Long story short, as part of a land contract we have to carry life insurance equal to or greater then the amount ...
Ryan Daulton
Tenant property destruction
How do we protect ourselves from a tenant causing us significant damage in excess of the deposit amount? e.g. if we add a clause to the lease contract stating they will be liable for all charges due to their purposef...
Mark Hall
5% Financing
I am looking over my options of financing. I have been focusing on FHA but the UFMIP scares me a little. I stumbled upon some reading that stated you can put 5% as a down payment, and the loan is not FHA insured. D...
Christopher Lightner
Car took out fence and transformer. Responsibility to tenant?
A car went through the fence in the backyard of my rental after taking out the electric transformer for the block a couple hours ago. Several houses are without power. I'm trying to figure out what my responsibilities...
Gytenis B.
Owner financing plan. What would you ask for?
Hello Coleagues, I have a questiona bout the home owner finanting. A bit of background. I am a young working professional. Spending approximately 45% of my income and saying the rest for real estate investments. Becau...
Kimberly Jones
Lease Purchase and the $8k tax credit
Anyone out here thought about doing a lease purchase? It has recently come to my attention that the 8k tax credit works on lease purchase deals as well as straight up purchases.
We were quite surprised so I thought I ...