Dan Kaen
Help with a preforeclosure opportunity
Investor community - I've been deal hunting for several months now so far have come up empty, several offers in on properties found on the MLS with no luck. I have an opportunity to buy a house from an acquaintance. ...
Saul Conde
Salvaged Mobile Homes
Who takes possession of the home? I'm assuming the insurance company. I have been all over the internet looking for this answer but I have not been able to find the answer.
I have found websites that sell salvaged ...
Mitchell Margolis
Issues getting a Personal Umbrella written over Commercial Landlord Policy
Hi all, first time poster (and first time landlord!) I recently purchased a triplex and am renting 2 units and occupying one .Two insurance questions:
With the help of my insurance agent, I got a commercial landlord ...
Megan Hirlehey
Does High Equity Increase Your Liability Risk?
A lawyer (family member) who works in personal injury once told me that one of the first things a lawyer will do when you come to them with a personal injury case is to look into the kind of insurance/assets the poten...
Rich Sutherland
Creating an LLC for each rental
Hello All,
I am trying to purchase my first rental and I was hoping to place the rental into an LLC after I bought it. I would be buying it and then changing it over later to the LLC. I was just informed that this do...
Christian Sabatini
Should you Invest in this Market?
Having listened to both the BP Real Estate Podcast and On The Market in the last month or so, I find that there is much more uncertainty present as to what direction we're moving in and the best way to handle a possib...
Aja Leafe-Hall
First Deal Financing Hurdles
Hi there,
I am in a purchase and sales agreement on my first deal. It is a single family home in need of rehab in a rural area. I have been thinking of it as a BRRRR deal. I am using my HELOC for the downpayment a...
Jarrod Willis
Infinite Banking Concept
I have been listening and reading about this “infinity banking concept” and found it really interesting. Anybody currently using this? Pros and cons?
Marc Henderson
Fire in my SFH!
Hi All!My SFH caught fire last month. Thankfully no one was hurt but my property. The insurance is paying for repairs, thank goodness! I live out of state, so my PM has been keeping on top of things, meeting with the ...
Wendy Van Camp
Letter of intent on new property
Hi, I want to do a 1031 exchange on an investment property I will have held for 2 years as of 4/1/18. First, should I wait until after that date to enter into a realtor contract to sell the property to insure that I...