As I gain a better understanding of this business, I relate it to mine (auto finance). In my industry, we utilize a reinsurance company for add on items (like warranties). Is this common with this industry?
EXAMPLE...
I am new to rental property investment. I put an offer to buy a duplex in Wisconsin and was accepted. I assume I need to get landlord insurance? I saw online ads about steadily.com for cheap landlord insurance. Anyone...
Hey BP, my dad just bought a vacation home out in Sherrill's Ford North Carolina about a year ago and have had. Nothing but headaches with contractors. My dad is super close to selling the place out of frustration but...
Good afternoon BP,
I am seeing a ton of S-Corporation questions recently. The election must be made in the first 75 days of the year to be timely. That said, you need to weight the self-employment tax savings with co...
With an income of $250k, taxes are killer. I know there's a better way...Assets:160k in a fully owned home (renting w/o an LLC--need to set this up pronto)65k in a financed home (going to rent w/ an LLC)35k in a fina...
I am a new member on BP and this is my very first post. It amazes me all the people on BP that are so willing to help. In advance, I appreciate any and all information/help. My father is 59 years old and has $1,000...
Hi everyone! I'm new to this and have been considering getting my real estate agent license for a couple of months. My main goal is to invest in real estate in the future, but I want to understand how everything works...
Hello Fellow BP Investors:My name is Dan King and I have been investing in single family rentals and commercial buildings in Portland, OR for over 20 years. Since the cap rates have dropped significantly over the las...
Good Morning Fellow Investors!
Here is the dilemma. My partner and I are wholesaling and splitting everything 50/50. We are doing these deals under a company that he had before we started so at the end of the year ...
Hi, I'm looking for advice on how to best manage a package portfolio of 76 apartments spread among 20 small multi-unit buildings in the same area. Total gross rent would be around $700k/year. We may increase our por...