We purchased a home before it went into foreclosure directly from an individual. We used an attorney and got title insurance. We remodeled and have a solid contract. The attorney for the buyer is the father of the cou...
Hello everyone,First timer here. I'm interviewing / researching PM's in Indy. One sent me their Contract agreement. Everything looks ok however they are asking me to add all their agents, officers etc as additional...
Hello BP community! I just bought my first rental property (SFR) and it has a fireplace. Should I allow tenants to use it? Or, is it too much of a liability?
Hi bigger pockets community,I'm about close on my first home purchase and am doing the house hack method, renting out all rooms except my own. I'm worried about the liabilities that could come with this before I estab...
What is import for property Insurance for fix and flip properties?
My wife and I had an offer accepted for a home in NE El Paso. We already flip land, and had been looking for a rental to help stabilize the income and build equity. We landed on Short Term Rentals as we visit the c...
One attorney told me the best way to insure a teen is to put a car into an LLC and have the teen drive it. Then if something happens they cant go after everything that the parent owns in his or her name.Is it the best...
All,I need some advice on a potential purchase that is coming down to the wire. Here are the specifics in a nut shell.* In contract on 35 unit very well kept and clean building with 0-1% vacancy in Washington for 2.1 ...
We're starting on 4 brownstone projects in Bedstuy. Anyone know an average cost to insure a 1-3 family project in Brooklyn and Queens? .. And any recommendations for companies? Thanks!
Hello investors,I am not able to find an answer for why I should get a commercial insurance over a home owners insurance for a rehab project? This is my first project and I want to make sure the reason for using a com...