Josh Edelson
LLC or S Corp or Umbrella insurance?
Hello - I have 11 properties in my own name and a $2m umbrella insurance policy. I’m looking to eventually get to 20-30 units and want to be prepared. Annoyingly, in the state of California, you have to pay $800/year ...
Lafi S.
Short Sale Buyer wants to close in his name
Hey guys, so I have a cash buyer on one of my short sales that wants to close with the bank in his name. We already agreed to a price and he showed me his POF so I know he is serious. Now the bank is asking me to subm...
Tom Brooks
Reducing Flood Insurance Costs
Flood insurance is a major issue given the weather conditions the eastern seaboard has seen in the last few years. Many expect it will continue to be an issue with climate change. I am sure many of you are seeing rate...
Jay Hinrichs
So you want to be a Developer ???
Well you want to be a Developer.. here is one tale.. On one of my California properties.. turns out we have some pretty valuable Tiger salamander habitatdepending on the study we do... mitigation is between 165k to 19...
Robert Warner
Old question: LLC vs liability insurance
Hi,
I've been looking into this. A number of duplexes in Florida. I could do LLC for each one (annual fees are minimal in Florida) or I could group properties. It would be multiple person LLCs -- so they cannot be ...
Mushtaq G.
Tenant refuse to pay rent what are my options
Hi my tenant has stopped paying rent, she says she lost the job and wants to vacate even-though she signed lease for 12 months, can I call the collection agency ? What are my options? Please advise
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Radon Problem
Hey guys, found a house, but it has a radon problem, Whats the cost to make this better. 890 sq. ft. $20,000 sales price, and a comp of about $90,000
Thanks
Shane Edwards
Writing off Expenses for a Project
Hello,I bought a fix and flip property last year, did some demo to it and found that the property was not worth renovating(too much structural damage). I have about $80,000 in demo, Lender Interest, and other holding ...
Jaganath Dabbi
Is it legal for a Landlord take 12 months rent in advance?
I own a single-property home in Delaware. I have a renter with a questionable credit history. As a safety net, the renter offered to pay 12 months' rent in advance along with a month's worth of security deposit.1. Is ...
Dan Scarborough
Leads Systems
I'm one of the newbies here, but from what I've read in the forum and blog, my interest in Farmland and Timberland puts me squarely in the minority... As a conservative contrarian in most matters, I'm very comfortable...