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I'm working on my first rental income property and i am aware of the fact if someone gets hurt on my property, or sues me personally i am at risk to be sued for my personal assets. I am curious to know which entity...
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Hi BP! Question on screening. I am just getting the second unit of my first investment property (duplex) done and hopefully rented out very soon! After advertising and sifting through applicants I have 3 bible school ...
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Hello BP Family -
Happy New Year!
I am about to close on my first rental property in coming weeks. I want to know the general/specifics that I should keep in mind as I shop around for a policy. Any bitter/sweet ex...
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Hi all,My MIL is planning on retiring in the next year or so and will be moving to the Phoenix area. She owns her current home and I would love to purchase it seller financed for an investment when she gets ready to r...
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Hello all,I need some advice on an LLC for an Airbnb at our primary residence. My wife and I have two other Airbnbs that we have always kept in an LLC( one llc for each). However, i know that since this third one is l...
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For the last year or so people have been talking about a "rising rate environment." Granted, rates were rising towards the end of last year, but the Fed has clearly reversed course on tapering.I don't believe the Fed ...
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Perhaps there is a tipping point on the road to FIRE where the risk of not paying Term Life Insurance Policies anymore and the reward of using that money to further fund your portfolios would be more beneficial... I u...
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I have been doing a lot of research on how to legally structure my properties. I currently have a SFH and a duplex located in Ohio. My SFH used to be the house I lived in so that is still in my name. The duplex I boug...
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Hey BiggerPockets family!
My wife and I (mid-40s) are motivated W2 earners with a rental property under our belts, eager to expand our real estate portfolio and create significant passive income. We've set ambitious ...
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What is your experience in doing so for the following areas:- Landlord insurance policy (I learned and confirmed with agents that my name would remain, and we just go ahead and add the LLC into it also) (This will als...