I have a situation I need advice on. This is regarding my personal home also. We switched insurance companies back in June and on Friday we received a letter from our mortgage company saying that they are charging u...
Hi. We will close next month on our first short term rental SFH in FLL, Florida. We were wondering if it is still recommended to take wind and flood insurance; even if we are in a flood zone X and our bank doesn't req...
First off, I really want to keep this civil, intelligent discourse, please. Next, prove what you say, if possible.
To me, there are three main reasons that Scott Brown won.
1. He ran a better campaign. He ran an ...
Hi all.... I own six properties and my goal is to purchase 2 more by the end of the year. I also work FT. I need the health insurance benefits my job offers. How do you all manage health insurance? Do you buy your ow...
For those who’ve purchased their first vacation rental in the Destin or Panama City Beach area (or surrounding areas, too), what’s one thing you wish you’d known beforehand? I’ve worked with a lot of first-time buyers...
Hey BP,Here is the background before I get to the main problems and why I am now feeling "uncomfortable."I closed on a property in January of this year. It was a cash deal and everything went smoothly. I am now in t...
A lot of focus on this board is about eviction nightmare but it is nothing compared to being involved in a gas explosion lawsuit that causes your tenant severe injuries or even death. There is no umbrella insurance p...
Is there a general rule of thumb on when to create an LLC?I'm in California and know LLC's are expensive. But is there a cut off when you reach $xxx amount of income from your investment properties is when you should...
So, i bought a triplex in Keene, NH in March of this year. This is my first property, so it's all very new to me. My insurance agent gave me a great quote on the house that was cheaper than all the competitors. I ende...
Hello, I am interested in buying a property that is coming up to be auctioned in NY State. I know the property and know it needs a lot of work but want to buy it to renovate for personal use, not to flip. It has been ...