Ashraf Eldabh
Insurance Crisis Florida
I'm about to start investing in direct real estate in florida which traditionally have been a hot market but I'm worried about the insurance crisis affecting the market and cash flow. What do you guys think?
Brent Salazar
STR Insurance & Holding Title
Hello BP,I'm wondering if any experienced operators out there can shed some light on best practices. My partner and I bought a home in our personal names and operate our guest house as a STR. We created an LLC to oper...
Bob Foglia
Rent discount or hotel?
I own a home out of state (Oklahoma) that is leased until the fall. Recently the sewer main broke and had to be repaired...$$$... That is done and paid for. There was some back up into the house... I've paid for the c...
Amy Greenwood
how to honestly and fairly review a guest
We just launched our first STR and our second guest accidentally melted the siding with the grill. There were some other little things that I didn't like about how they cared for the place. But, the main issue is the ...
Michael Craig
Is $500,000.00 in Personal Liability Addequate for Owner Occ MFR?
As you know, we live in a society where you get sued for looking at somebody the wrong way. As I am shopping for insurance, I can't help but ask myself, "what is adequate coverage for my owner occupied, 3 family home?...
Amber Hagen
Multi family investing- So many questions
I’m just getting started in multi family property investment. i am wondering if an LLC is necessary or if an umbrella policy will cover me as far as liability?
Also do try to I get a conventional Mtg loan under my ...
Robert McAllister
Group Home/Assisted Living
I have a lead on an available Group Home/Assisted Living Center in Milwaukee, WI. 4 BR ranch home currently collecting $2500/mo rent... could be more. It will be listed at $259,900, close enough to the 1% rule for me ...
Dustin Seager
Insurance for multiple properties?
the Scenario:We have an LLC, 2 long term rentals, 1 short term rental, 1 future short term rental about to undergone renovation. I have a general contractors and interior design license. I’m required to have liability...
Michael Ndjondo makadi
Can a rental be run as an LLC without transferring ownership?
Several questions to CPA, lawyers or just those who might have better knowledge. For perspective, the property is located in San Diego, CA where I live also. 1. I was told and read that the property MUST be owned by t...
Scott Trench
Investing in Blue States > Investing in Red States
Intentionally triggering headline for this community, I know.
But, hear me out.
The policies that are so obviously destructive in many blue states (rent control, NIMBYsm for zoning, high taxes, regulations, fees) ...