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 ...
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 ...
Leonce Barrigah
Up zoning on a 4 units multi family to a 6 units in Pilsen
I recently purchased a 4 units residential on 18th street. It's essentially a two stories plus a basement. Each floor (1st and 2nd) has two units. And the basement (two separate entrances) is identical to the units ab...
Erin Anthony
12 Month Lease to Month-to-Month
My question involves landlord-tenant law in the State of: CA
Hi,
My current tenants lease is expiring soon. She has shown interest in going to a month-to-lease agreement. This actually works very well for me becau...
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...
Dan Riley
Turnkey: market or provider?
Hi BP, I'm new to REI and have been researching REI for the last 8-9 months. A recent BP Rookie podcast talked about buying turnkey properties. I'm curious to get some perspective from folks who've gone this route for...
Marilyn Thompson
USDA Loans for Multifamily
Anyone out there used a USDA loan for multifamily units in rural areas? Success or not?
Ryan K.
Replace washing machine hoses?
Washing machine transmission broke in one of my single-family rentals. $315 for new part. Brand new machine, same size, more efficient for sale at Home Depot for $298, so the 15-year old washer is getting replaced.T...
Christina B.
STR Insurance Medical Liability Coverage plus Underwriting request for Gross Income
Currently, we have a commercial policy with State Farm but when our lawyer reviewed it, she recommended we increase our medical liability coverage. Both Air Cover & VRBO provide medical liability up to $1M (and we...