I own a rental townhouse and the house next door caught fire on the second level. Our tenants notified us and we went by to take a look---they were concerned about the smoky smell inside their home (our rental proper...
I know that when you buy rental properties it's wise to keep each in its own separate LLC to limit liability and maximise asset protection etc.
However, let's say you have 30 rental properties, 30 different LLC's a...
I recently got interested in real estate investing, so I've been roaming around bigger pockets. I've noticed that a lot of people talk about FHA 3.5% down payments on multifamily homes living in one side and renting o...
Here for some advise: I'm a landlord of a multi-unit property in Chicago. Last week, one of the tenants' dogs bit another tenant at the entrance of the property, as they share the entrance space and their doors are ne...
Hello all. Is it possible to have multiple LLCs under one umbrella? I was told that I'd have to get a separate umbrella for each LLC...and just wondering if that was the case. And could you recommend a good umbr...
I bought a primary residence for around market value (1st mistake) and have been living in the home for a little over a year. My company decided to move an hour and a half away this year, and now I am stuck with the d...
Do you insure a SFH for vacant insurance while flipping it? If so what insurance agency do you use and what is the price? I have a house around 200k that I am flipping right now and trying to understand what is usuall...
I am looking to become an agent, and I know there are a lot of factors that feed into this decision. That said, my very narrow question is that if I am a RE agent in MD, can I represent myself when I buy properties? I...
Good morning, BP.I've got a first time situation concerning a flip house I have under contract. My plan was originally to use hard money to purchase and flip the home, however, one of the investors in my local group h...
While my ex-wife was living in the home I recently got back she had 2 flood claims and a theft claim in 2014. That same year I had the window broken in my car and laptop stolen while in the city, with the insurance sa...