Rebecca Oliver
High Insurance cost and llcs
Hello, I finally found the property I wanted for my first STR. I found a lender who said we needed to put it in a LLC. so I made one of those and everything was going smoothly until I went for insurance quotes. Due ...
Chris Turner
Buyers asking about my assignment fee?
Do you tell your buyers your assignment fee before closing? I have friends who have been asked by potential buyers what their assignment fee will be even before they sign any contract. I really do not feel you shoul...
Andrew Postell
How To: Cash out 1-4 unit Property
Receiving a cash out loan on an investment property can be a very confusing item. This post is designed to bring some clarity to taking cash out of a property with a conventional loan and help you navigate the someti...
Ricky R.
How to structure/offer repayment terms to submit to a PML
Im wanting to submit to a potential PVM some options/contract structures he and his wife can discuss. Its a long term BRRRR investment and he would be funding around 20-30k of rehab. Should i entertain an equity partn...
Jody Schnurrenberger
Is Splitting Monthly Rent a Fair Housing Violation?
I've had a tenant for nearly a year now and I love her. She keeps my place like a show home. My rent is high for the area ($1400). She is late with rent sometimes and I'm worried that she might move because it's to...
Justin Reader
What’s your policy on cats?
What is your policy on cats in a rental & why do you stand for your policy?Thank you!
Glenn R.
Is a M/H worth moving?
I recently acquired a large waterfront lake lot that has an older double-wide. The lot is large enough to divide, but the mobile home will have to be removed before dividing the lot.I'd hate to tear down the home if ...
Skyler Carpenter
Acquisition process... What comes first!?
Hey all,Been a while since I have been on here. I purchased my first property a few months ago and looking to expand. I have continued learning and think I think I need to come up with a better plan for the future. I ...
Lynn T.
One insurance for multiple properties - is it possible?
Hello BPI have been trying to find an insurance agency that will write ONE policy to cover multiple properties. And would also be able to umbrella the LLC.Properties are in GA. Does anyone have a great recommendation?...
Collin Hays
Games Insurers Play
I've had a property insured with American Modern for a number of years. In fact, most of my properties are insured by American Modern.
At a recent renewal for one of my properties, I got a cancellation notice from A...