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Happy Monday everyone,I was listening to the BP money podcast and learned about the individual or solo 401k option. I have a W2 job with a 401k plan and rentals as my side business. I contribute ~$15k and my company...
I have a small SFR and would like to limit the number people occupying the dwelling. It is 2 bedroom, one bath and a little over 600 square-foot. In the past I have had mostly two person rental agreements and they a...
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I have a family of 4 wanting to look at a 650 ft 3rd floor unit with two 7"x10" bedrooms. I think it's too small for 4 and I don't want to burden the 2nd floor tenant with the noise. Do I have a risk just telling them...
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My tenants 'friend' arrived in his own motorhome and has been there a month. At what point does he become an unapproved tenant who may or may not be subletting from my tenant?
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A new development out of Atlanta this week. An investor has been held liable for the exceptionally poor conditions of his properties, even though they were held by an LLC that was not under his own name. He argued tha...
Hey everyone,
I'm just curious as to what amount of liability insurance coverage most people have on their SFR's?
My insurance agent wrote up a policy for $500,000 of liability coverage plus $1,000 medi...
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I am curious what tax strategies people are planning to use to avoid the $10,000 cap on deducting property tax on a primary residence.Has anyone considered quitclaiming a primary into an LLC and then renting that prop...
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Are there any typical minimum terms that those providing seller finance impose on the buyer? Surely as the whole point of selling financing is to obtain a long term steady income, it wouldn't be in the interest of the...
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Hi BP My name is Gerald I’m a new investor can anyone tell me what are some good “standards” for insurance coverage for a small Multifamily fourplex. I was just trying to get a quote and was not sure what coverages we...
What kind of insurance do you need on your rental properties?
how do you do your taxes when you have income from rental properties?