Benjamin Sanders
Buying in a flood plain
Hi all,My wife and I made a last-minute offer on a rental property in New Albany that is in a flood plain. We have until noon tomorrow to get a quote on flood insurance and withdraw our offer if we wish. Even if the r...
Yaping Zhang
What to do when financing property from LLC to own name
Hi All,Recently I'm refinancing a property from my LLC to my own name. There's a tenant in the property. What should I do about this?Basically, I'm using the same property management company for the property before an...
Kusal Kularatne
Using co-living to purchase several homes and scale?
Hi y'all! I'm an ROTC Cadet in my junior year and will be commissioning as an Army Officer in 2023. I plan on using the VA loan to buy a house and use the co-living/house hacking model to grow my portfolio. Here's the...
Richard Okagbue
Insurance for rentals and vacant properties deeded to LLC
Several real estate properties in KCMO owned under LLC, most are rented already, we typically buy a vacant house, spend 6 or so months to rehab it from top to bottom, then rent it out. Now we have a problem of getting...
Heath Thomas Jr
LOI vs. Purchase and sales in Maryland
If you aren't going through a realtor and want to make quite a few offers. Is it acceptable to use a short Letter of Intent rather tan the full purchase and Sales agreement in MD? I assume it is because every realtor ...
Christina Woodson
How would you invest 100k Cash?
I currently have 100k in cash to invest in real estate. My goal for the next 12 months is to create an additional revenue stream that provides monthly income (specifically I am thinking a 4–6-unit rental property). Wh...
Chris B.
Declaring service animals / emotional support animals prior to signing the lease
I've converted to being a pet friendly landlord. It seems over the past few years that 75% of the applicants have pets so it makes sense to do so. Conversion of flooring to accommodate this is expensive and I charge...
Karac Davis
Llc structure and taxes
If every rental I have is it’s own llc what it the best way to structure things for taxes with losses? I know I can write off improvements and mortgage interest and landlord insurance. Does it many any sense to create...
Brandon Hicks
NNN purchase insurance transition
I am currently under contract to purchase a single tenant, Advance Auto Parts building. The lease calls for the tenant to have property (and liability) insurance on the property in their name and list the landlord as ...
Kishore Babu
Pet liability insurance & pet screening criteria
Hi, We are planning to rent our rental property for a tenant with pets (small dogs). We're doing it for the first time and got the details about the restricted dog breeds from our home insurance agent. Can you pls hel...