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Hello BPers,This past 2018 I purchased two rental properties under my name. The earnings are under an LLC after filing a quitclaim deed. I'm curious if there are any tax benefits of not renting your properties under a...
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Hello,I am starting out rental business for the first time by using my residential property.What should I do if the qualified renter will not available to move in until next month? Should I extend the offer? Do I ...
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I am purchasing a property with a Land Contract. Should I be purchasing title insurance or can I just do a title insurance. I will be recording a memorandum to make sure that the property will not be encumbered ...
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GENERAL DISCUSSION:California has fires. Florida and South Carolina have hurricanes. All these insurance companies are jacking up the rates 2x-6x or cancelling policies altogether in these and many other areas. If you...
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Hi I own a multi unit.one of the tenants did not paid the rent for this month.he said he want to break the lease and leave.so he won’t pay the rent and he doesn’t know when he will leave!!
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Hello Friends-We are under contract on two duplexes in Michigan, and shopping for insurance (everyone's FAVORITE topic). We are fairly new to this so, as we learn about all of the different aspects of a policy (ACV vs...
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I have searched and read some info here on this topic, and have learned a lot. My specific scenario was hinted at but not completely explained, and I was hoping for some insight:
I have 3 single family rental homes. ...
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How much do you figure your insurance policy should cost you as a percentage of the rent collected on that property per month?
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When should or shouldn't you purchase title insurance? I'm looking to purchase a property for around $23,500 so the insurance is very small amount around $230.
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Greetings. I am a first time SFR investor currently in the process of looking for a property and was wondering if I should start an LLC off the bat, or I've heard I could get an Umbrella insurance policy? Properties I...