Every book I have read about buy and hold investing talks about forming an LLC as an essential part of your business. The line that is repeated over and over is that it protects you from a tenant suing you for everyth...
Here is Los Angeles I tried getting a few quotes and there are not many options it seems. State Farm does not offer short term/vacation rental policies. I got one quote from American Modern and it was on the steep end...
So, I stumbled upon this article as I was getting caught up on my weekend news. Apparently 21 people suffered second and third degree burns at a Tony Robbins seminar in SF during a motivational "crowd participation" ...
OkSo I just got an email from my PM informing me that a tenant’s relative in our Cleveland building is requesting his car be repaired by us as he suffered damage to the car’s under panel while driving out of our parki...
Hi!Would you buy real estate in the area with frequent hurricanes? I'm thinking about Miami, FL specifically. I'd love to move there and start investing, but not sure whether it's worth taking a risk of getting your r...
Hi, My rental condo is on 1st floor, this unit was flooded because of upstair unit water heater leaking. I did not buy insurance for my unit, Upstair unit owner let me to claim to his insurance company-All State. The ...
I'm reading a book right now that suggests it might make sense to lower your property insurance as you pay off more of your loan. So if you take out a $200K policy to cover your $200K house, but then pay down $100K of...
I typically always do 1 year leases but I had recently agreed to rent my unit on a month-to-month basis to someone starting 6-1 while they had a new home constructed estimating that it would close sometime later this ...
I'm in the process of getting an HO6 insurance for my rental property. The prices vary from $550 to $2K depending on the coverage. I have a townhome that managed by HOA, in Florida. The HOA is responsible for the ext...
Does anyone have EXPERIENCE with borrowing from multiple private lenders and securing their interest in the properties that you purchase? I'm looking for a way to give them security in a property that I purchase with...