Tom Martin
New Owner, No smoking duplex, new smoking tenant
I purchased an older duplex with 1st and 2nd floor units. I purchased it for my brother and rented the upstairs unit. My brother passed after only 10 months.
Long story short, my brother smoked on a screened porch, ...
Lois S.
Are umbrella policies really necessary?
A friend who is an extremely successful RE investor tells us that umbrella policies aren't necessary, based on his experience. Advises if you want more liability coverage, just add it to the LL insurance policy. A mi...
Mike Brody
Advice on Renting w/ an Eviction
My brother is a US Army veteran who was evicted due to a government shutdown six years ago (he receives disability) and is finding it really hard to rent. Am now helping him financially, and even offering to pay 6 - 1...
Kevin Parekh
Asset Protection. I am so confused.
I own 10 SFH and 20 parcels of land. I am a dentist and make a good chunk from that business yearly. I want to protect my assets and have spoken to a local lawyer, Prime Corporate Services, Anderson and NCH. A local a...
James Carlson
Mountain homes uninsurable b/c of wildfire risk?
I read news about insurance companies pulling out of high-risk areas, but this week is the first time I saw it affect a deal of mine here in Colorado.
My clients were under contract on an awesome STR property in the ...
Ryan Tessier
Dilemma; Prospective Tenant with a Bad History
One of my investments is a 3 story house with an apartment on each floor. A vacancy opened up on the first floor and the tenant on the third floor is moving in there. She's my favorite tenant, clean, pays on time ever...
Pranay Uppuluri
Turnkey/Passive Distant Investor
Hi everyone,I am new to Bigger Pockets; from NJ, but living out of the country in Asia on work. I am yet to invest in a property, but ironically have been thinking more lately being so far away.I want to invest in co...
John McDermon
Insurance Deductible for Single Family Rentals?
Obviously everyone's risk tolerance will be different, but deductible amount are most people using on their single family rental units ($500, $1000, $2000, something else). I'm talking about under $100k mid-west or so...
David Ackerman
Insurance question
Hi all,
I own 4 properties all in an LLC. I have a $2,000,000 umbrella property for all these properties. One of the properties I bought for cash. I am trying to do a cash-out refinance for that property. All the...
Crislie P.
Tenant late payment
Need advise... I have a tenant who has been good at paying rent for 1 year or so and he is now beginning to pay late. I waved the late payment fee on his first late payment and he was late again 3 months later. I thi...