I'm looking to purchase a rental property in Avon NC that I will eventually turn into a permanent residence. I'll be able to go FHA in 12 mths or less but I don't want to miss a deal. Any advice would be appreciate...
When a lender requires homeowners insurance, is there ever an expectation that this is to include personal property coverage? Or is dwelling and liability generally sufficient? Thanks
Hi,
I have 5 acres that would make an awesome building site out in the country. Someone has expressed interest in buying the land contract for deed and putting a double wide mobile home with a permanent foundation on...
In the park in question there are some park-owned homes and some resident-owned homes. The resident-owned homes would obviously have to get their own home insurance. But for the POHs what various types of insurance do...
On the most recent tax episode with Amanda and Brandon, they talked about 100% bonus depreciation which you can use with an Air BNB business. My question: my husband and I will be building a garage with an apartment o...
Do you purchase a rental property the same way you purchase a home for yourself? For example:
Rental property is $50,000
I have the down payment but will need to borrow money from a lender to pay the prope...
Have you ever found yourself having to pay into the IRS for income taxes on your real estate properties? Before sending in the check, be sure to take a look into an engineered cost segregation study to see if you coul...
Hi Bigger Pocket Friends! As a landlord, what is the minimum amount/requirement that your tenant must obtain as part of their policy and coverage? There are different nuances of a renter's insurance policy and coverag...
I have an LLC under my SDIRA. Can the LLC finance an ADU on my property with rents paid to the LLC? Then could those rents fund disbursements to me from my SDIRA? In other words, I want to invest SDORA funds to pay ...
About a year ago my wife and I decided that we were tired of working all the time and want to move more toward financial freedom. We were 115k in debt and not saving alot of money. We also were having our 2nd child an...