Gary Dezoysa
Property Manager: Custom instruction for acceptance of payments?
Hi,
I'd like to establish an auto-bill for rent payments on the tenant's paycheck paydate. The first month he may pay a pro-rated amount.
My question is about dealing with property managers. Are they generally o...
Patricia T.
How much car insurance do I need?
Hi all! I wasn't sure where to post this question. For car insurance, my agent is telling me that I need a certain level of coverage. According to the agent my main concern shouldn't be the car but rather the damage t...
Account Closed
Detroit - Landlord Insurance Agent Recommendation?
Hello,
I recently purchased a single family home in Detroit, Michigan, as an investment property. It would appear that nearly every agent that I've spoken with wants me to switch my auto insurance policy or home ins...
Yengkong Sayaovong
Tenant may be running a business
On the contract, it states tenant may not run a business on property. Tenant is an auto mechanic. He claims he's not running a business and just helping out friends but downstairs says that multiple cars comes by duri...
Varinder Kumar
Umbrella insurance or LLC for rental
I'm trying to be extra cautious incase something happens at my rental in which I would need more coverage. My friend put his rental in a LLC and he states it will cover him if there is a lawsuit etc. My realtor was r...
Account Closed
Real Estate Agent Car Insurance Requirement
Hi BP!I have recently gotten my real estate license in DC and I am about to sign an independent contractor agreement with a commercial broker. One of the covenants on the agreement states that, for car insurance, I mu...
Stephanie Boone
seperate email for rentals?
Should I create a separate email for my rental account to add to rental sites and communicate with clients? I'd like multiple users(maybe up to 3) to be able to log into this to answer questions, is this a good idea?
Felicia Elliott
RE Investor
Hi. im interested in wealth building using real estate. I'm a licensed realtor and have 9 years of experience in real estate.. I'm now interested in creating multiple streams of income over a 5 year period...I plan...
Emmett Foster
Loans for a autowash/Car lot Detroit
Who would you use for a commercial building loan on a auto wash or used car lot? In Detroit
Navid A.
Mileage deductions in a multi-member LLC
Hey BP,
How do mileage deductions work in a partnership structured as a multi-member LLC? Are the miles I drive only deductible to my share of the rental income or is it deducted from the total income of the LLC fir...