Looking for some insight from people familiar with rental property insurance. I have 8 SFRs. All are insured with State Farm. My current policies have an actual cash value endorsement on the roof meaning that in th...
Hey all, I'm wondering what you all do when given a security deposit. Do you immediately put it in an escrow account or do you just keep it in your personal account? I've heard about landlords that pocket the deposit ...
I moved to Alexandria, VA about a year ago and have been studying the real estate market in NOVA ever since. It's interesting listening to the BiggerPockets interviews and hearing everyone's success stories. But even ...
So I had the opportunity to speak with Grant Cardone today. I presented a 2 flat opportunity that I had been considering. I am happy to break the deal down but a the end of the call he said if it's not positive cash f...
We FINALLY listed both of our houses for rent and received an insane amount of interest. I have responded to more than 40 e-mails. Due to the interest, we decided to hold an open house for each of the properties. T...
I know most people who get into private lending usually start by lending to friends or family or someone in their trusted network. Is it really as simple as that? Just draw up a promissory note, register it with count...
My tenant, who lives in the unit above me, complained of mice earlier this month. When I had the pest control guy over, he could see no signs of an "infestation" and explained to her that in old houses it's common for...
I'm currently in closing for my first property and am looking for insurance for it. I'm trying to decide if I should get ACV insurance and increase the cashflow by $20 a month or so or if I should get replacement.
W...
Private money lending is extremely common. Do you actually 1099 your private money lender, or just let it slide since it's friends/family and likely a lower than market interest rate?
I'm getting to the point where i should start to look into what an LLC can do for me. My wife really wants to set one up but I can't think of a scenario where i'd be sued for more than I'm already covered. I honestl...