Sorry if this is a repeat question, but I could not find a match to my specific situation. I have a rental property halfway between San Francisco and San Jose in the center of the Bay Area (i.e. Silicon Valley). I a...
Managed to get myself into a pretty good jam. Would appreciate any guidance. Back StoryI purchased an older (1920) multi-family duplex which has Knob and Tube electrical. It's got updated circuit breaker panels, but i...
I had months like this (STR dream)Also had months like this (my cleaner's STR dream)and also months like this (where is my guest?)but after all that, I learned that you don't need to stress about your bookings but jus...
Hi Bigger Pockets!I was presented an opportunity to get involved with. Company that does live video monitoring. They connect to most existing camera systems and get real time alerts when there is an event that trigger...
Hello BP!
After a few years of house hacking, I am now gearing up to purchase an out of state (multifamily) investment property (sole proprietor at this stage).Apart from insurance to cover property damage, I plan to...
Recently, we posted an article about the benefits of hiring a licensed contractor. After reading a couple of articles about “Storm Chasers” working in Arizona cities, we thought it made sense to mention that point a...
I created a real estate LLC a few years back. I am financially independent (still creating wealth and living purely with passive income). I am managing 6 properties currently, 4 of my own. 4 in Playa Del Carmen, Me...
What do you carry for insurance on Vacation Rental properties?
Hello everyone!I have quick question for a friend. He is a tenant in a house similar to this one:(This picture is from Google, not his actual house)The wall on the right is the beginning of the neighbor's property, n...
I'm brand new and getting everything in order. I just got my LLC through legal zoom.
I'm going to be doing flipping and renting. Do I need business insurance?