Mark M.
Insurance
I understand that if the deed lists an LLC then the insurance needs to list that LLC. What if the deed lists the LLC and the insurance lists the owners by name and the LLC as additional insured? Is this sufficient p...
Cindy Schneider
New landlord - need help deciphering prospective renters
Hi, I'm a new landlord, I own a duplex, just reached year 2. I live in one side and so far have only had to look for renters one time, and I posted it on Facebook marketplace and it was a circus. So this time around I...
James Henry
Finance, bank backs out after two weeks
Hello everybody I'm new to this forum! My wife recently purchased a car through Ford dealership finance two weeks ago. And now the bank denied her loan so the dealership want her to return the truck she purchased.What...
Chris Mason
8,400 "real estate" investors swindled for >$1bn
Always remember, if it looks too good to be true, it probably is.Real estate Ponzi scammers ordered to pay $1 billion
29 Jan 2019A real estate investing firm and its former owner have been ordered to pay $1 billion i...
Salvador Covarrubias
DSCR requiring painting
We have a 2 unit property under contract for 59,500. After going through the entire process to try and obtain a DSCR loan we were denied at the last minute. lender stated the entire property would need to be painte...
Leroy Chandler
Community Property State!
Hello everyone. I was so close in investing in my first investment property. I was approved for 400k. Due to Texas being a community property state and adding my wife on I was denied. It sucks how this works. Now I ha...
Brian Williams
Emotional Support Animal
Request legal advice. We are small time investors with a property in SE North Carolina and my tenant had her LCSW provide medical paperwork requiring an emotional support animal (ESA). As we are in compliance with fai...
Neel Shah
Insurance claim on rental single family house
Hi,I did some upgrades (flooring, bathroom, paint) to my rental property and put it for RENT in February. A pipe in the attic burst and it caused damaged to the ceiling of garage and drywalls around it (before tenant ...
Denis Davidyuk
Income tax on rental
Does the 50% rule account for income tax? How is rental income taxed? If a houses produces $1000/month does a set percentage of that 1000 get taxed?
Terrie Strick
Not receiving rent and no communication
I’m in Washington state and have a rental that my tenant is notoriously late and full of excuses. She hasn’t paid rent and promised to make her payment and now isn’t communicating. She receives disability and her hus...