I own an Airbnb in the US. I would like to make sure I am cover if the guests injury themselves. Also, if they break something (Airbnb doesn't always reimburse fairly). Also if there is more than $300 of damage, the p...
Hello BPers!When preparing my financial presentation to Private lenders and Banks, what do I need to present, and how should I present it?
Hi, I am a relatively new Real Estate investor. I know that many investors form an LLC in order to mitigate a potential liability in case of a lawsuit. The question is – is there a type of insurance that covers/mitiga...
Hi all! I'm debating taking a HELOC out on my personal home, or doing a refi on an investment property. How to choose? Does it simply come down to which option gives me more cash at a more competitive lending rate? Or...
In a high-interest rate environment, every penny counts when it comes to managing your finances. One area where this is particularly true is in paying down your mortgage. For most people, their mortgage is their large...
I'm at the point where, for my protection, I need to establish LLCs and make sure they're in my living trust. In order to figure out the costs of doing this in IL (where all my current and future properties are/will b...
We are planning to purchase a building that needs to be renovated. We have found a great contractor but his prices seem elevated. Is it customary to be presented with a contract that does not have a separate line fo...
I'm new to REI and i want to start with Wholesaling to generate cash and then transition into flipping and then eventually implement the BRRRR strategy on sf, multi-family and commercial properties. Is it advisable to...
Just curious what everyone thinks - cedar shingles or vinyl siding? My house is in the need of being resided. Currently, it is an owner-occupied 2 family but hope to move out in a year or so and keep it as a rental....
Hello, my husband and I purchased our first investment property, a legal three-unit in the Evanston area, this past summer. We bought the property as a house hack using a VA loan and originally intended to do a live-i...