Scott B.
Anyone benefited from the liability protection afforded in an LLC
Hello BP members,I am considering placing my rental property into an LLC for liability protection and dropping my umbrella insurance due to a spike in the rates and the fact that we don't own an automobile. As I am l...
Jeff N.
Renting With Furniture or Ammenities Included
When renting in a college town you see a lot more rentals with furniture. They typically rent for a slight premium ($50-$100/month) to empty rentals.
I have considered staging my rentals with basic furniture that ar...
Meg K.
Cant find a loan that works
This is an answer i received from the loan officer. I am frustrated because a deal i wanted fell through when the Bank that was selling the property refused my FHA 203k loan...then i tried a conventional loan. The...
Benjamin Jones
Insurance Requirement and Type of Insurance
When purchasing a property (as an LLC), since it may not be occupied for 3 - 6 months or so to rehab, what type of ins. is required? Do you ins. it for the existing value or after repair value? An agent advised that...
Rosalyn Scofield
Searching for home warranty company
Any recommendation for a good home warranty for a multifamily rental
Dan P.
Insurance Referral for Multi-Family Units?
Anyone have a good insurance company referral for multi-families? Running into some issues with our current companies being very expensive. Maybe that's just how it is, but wanted to put it out there and see if there ...
Ivonne Pinedo
Negotiating Title Company's fees
Hello BPer's,I am closing on my second rental single family home this upcoming Tuesday and need advice on the title company fees. The first company just charged title insurance $472 and title settlement fee $125. Comp...
Account Closed
Flat Roof Insurance Issue in FLA
I am having an issue with single family investment home in Florida with Fire Insurance Premium being increased by 70 % because a small section of the living space is under a "flat roof". Most of the roof is post 20...
Marcus Welson
Seller Closing Costs Review and Options
Background:Miami-Dade Condo property.I am a first-time seller.No mortgages or loans on my property.Standard Florida Realtors Association / Florida Bar AS IS Purchase Contract.Buyer in default on various provisions and...
E.S. Burrell
Buying your own health insurance
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...