Phillip Stephenson
Looking to purchase my first rental property
Hello All,
My wife and I are looking to buy our first rental property and hoping to get some advice or guidance on the process. Our desire to purchase a rental comes from wanting to generate some inc...
Josh Edelson
Forbearance Exit Strategies?
Hi All!I have all 9 of my loans in forbearance I'm in 10 months so far, but can now extend up to 18 months total. I've been saving all my rental income so I could use it to buy more properties (like a free cash out re...
John Brice
Looking for STR in Naples or nearby
I am looking to get into a short term rental in Florida. Something that I would be able to use as well periodically. Ideally I'd like to stay in the Naples area, non HOA, and will most likely sub out property manageme...
Edward Coleman
Exit/ Stay Criteria
Hello everyone!,2 years ago I purchased a class A, 3 bedroom 2.5 bath home in a medium sized city as a place for my wife to live while attending medical school. During the time that my wife occupied the home she had t...
Aasim T Bickiya
Rental property owners, what is budget for repairs?
Hello Everyonei am looking to invest in oklahoma city, but what concerns me is that it looks like properties take a lot of damage from the weather such as hail storms, tornados, etcas a result of the weather, do you g...
Sean Lesser
Roof uninsurable after inspection
So I just purchased a house with an older roof in Florida where a 4PT inspection is required. The 4PT verified the roof was acceptable with 5 years estimated life left. I had to go off the standard market to get insur...
Jim Smith
Complicated umbrella policy question
Hi all, I have a complicated (at least to me) umbrella policy question. I live in California and have an umbrella policy for my primary home, autos, etc. My wife recently became 25% owner of a vacation home (her 3 sib...
Michael Sheridan
Is there any benefit to using an LLC to collect rent.
Hi All,
My wife and I have are renting rooms in our home to get starting investing. My question is is there any benefit to having an LLC collect rent money. Bear in mind title is wife and I name and we have the prope...
David Michael
How to choose the best builders risk policy
I get a feeling that my local insurance agents always take advantage of my ignorance. How do I choose the best coverage? I'm a developer and majority of the work is either gut renovations or new constructions.
Tyler Austin
Home owners insurance
I am purchasing a property in Fort Walton Beach FL. I have received a few quotes on HOI, ranging from 1800 to 2400. The covered on the high end is much more and comprehensive than the lower. I do not mind paying the m...