Dusty Bowling
HELP ON EVALUATING 15 UNIT APARTMENT!!
Hey everyone I’m looking to purchase my first complex . A little background on myself . I’ve been investing for over 20 years . I’ve flipped around 60 single family houses and have built 12 new builds. We also have 25...
Rodney McDaniel
Help with Property Management Company Contract
I am a renting my home and using a Property Management Company. I had concerns about the indemnification part of the contract. Should I move forward with this contract?INDEMNIFICATIONOWNER agrees to indemnify, defend ...
Zander Kempf
Umbrella Insurance- Do You Use A Different Insurance Provider?
If you have standard landlord insurance on your individual properties, and want to put on an umbrella insurance policy, is it better to use a different provider to "diversify" coverage? Potentially if your initial pol...
Ryan Kenneth
What counts as Cap Ex?
Hi all!What do you guys consider to be a cap ex item?Each month I set aside a percentage of rent collected and place it in a savings account so that it builds up and is eventually ready to go towards the costs of lar...
Christopher Webb
Process for Subject To Financing
A friend is trying to sell his house in Kansas City / Gladstone area, but has not had any luck. I'm fairly confident that I can rent it out and cover the mortgage payments with the rent and still cash flow for repairs...
Robert Bates
How does Renters Insurance work?
I just purchased my second duplex, and I haven't used renters insurance before. How do most investors handle renters insurance?
Jay Chekansky
Seller Finance Buyer Fails to Maintain Insurance - Proper Way to Bill Back for FPI?
Hey All,
I am seeking advice on the proper way to charge back my borrower on a seller finance deal in which the borrower has allowed the insurance to lapse. I have a force placed insurance policy now in place to cov...
Anja Brey
Renting to tenant in flood zone
Hi all, We are thinking of buying a 2 story victorian at the edge of a flood zone. The house will require us to get flood insurance as the owners. We want to rent out the ground studio unit to tenants and were wonderi...
Leslie Zhang
How To Protect Your Investors In Case of Untimely Death
Hello,
I myself invest into a fund and have my own investors (that are not shareholders in my company) and want to know the options for protecting every individuals interest in case the lead (or only manager) faces u...
Richard F.
code / ordinance of law rider????
I attended a NARPM conference this week, and there was a brief mention of a rider that can be added to landlords comp policy that, in the event of a loss, if the city code people require you to upgrade, for example, y...