Christina Martinez
Tenant burned down my rental
On January 15th my tenant with a (double lung transplant) decided to smoke in bed leading to burning my entire 4 unit building making it uninhabitable. I have insurance and have secured a public adjuster. the home sti...
Jason Bott
When you have move from a personal insurance policy to a commercial policy
I see a lot of discussions on when to keep properties in a personal name versus llc. I thought this post could help investors in the planning process.__________________________________________________________________...
Chinku Prasad
HVAC leak on 4th floor caused damage to our ceiling 2nd time
Hi All,
I am new to this forum and looking for some help with this issue that i have with my condo that is rented out. About a month ago our renter called to say that the water is leaking through the air vent from th...
Alleah F.
Getting started and have $200k...what kind of deal do I go after?
Hi all, For a few years I knew I wanted to get into real estate but was busy with another hustle. However, I just realized that since I've got about $200k saved up...I'm ready! I'm located in central Massachusetts. I ...
Gary Thao
FHA Fourplex Opportunity anaysis: FHA 3.5% vs Conventional 25%
I have the opportunity to purchase a fourplex using an FHA loan. A decent fourplex is ~$345k here in Portland, Oregon. Yes, it’s high and that’s just the way the market is. Typical rents are in the $725.00+ for a 2be...
David Shuman
LLC yes or no for rental properties?
Just starting out in Illinois from what we have figured out so far I think setting up an LLC is best and pretty simple. Thoughts?
Dan Gongora
Incorporating to Llc
Good afternoon everyone,
My name is Dan. I currently own a 2 unit flat under my name and renting one of the units. I plan on purchasing my next property this year by doing a cash out refinance to conventional loan on...
Victor B.
Buy rental property via LLC or in own name w/ umbrella insurance
I would like to buy multiple SFH investment rental properties (think 100+). I've read mixed/conflicting advice on here about whether it's more beneficial to buy each one via LLC or would buying under my own name and s...
Fred Ramos
establishing a business entity
My wife and I own a few properties and would love nothing more than to establish an entity to protect ourselves and our assets. our problem so far has been that since our properties are all mortgaged, we would be afra...
Angel Peng
Utica National Insurance Group
Currently in contract to close on my first duplex but the Landlord insurance cost took me by surprise. The highest quote I got for my duplex was $2600 annually and the lowest was $1300. The mid range is around $1950. ...