Nicole Dorsey
Increasing Condo Insurance instead of Umbrella - Thoughts?
Hi there! I'm new to the BP community and am excited to be here!I purchased a condo unit 2 years ago and have just started renting it out. After doing research I had originally planned to get Umbrella Insurance howeve...
Amber Forkey
Carriers for Insurance: New Property Management Company
Looking for recommendations on insurance carriers for both the property management side and the real estate sales side as well. It is my understanding that there's different insurance a brokerage needs whether it's co...
Rachan M.
Solo 401k distribution question
Good Morning all,
I am not close to retirement age, and have a question about my Solo-401k account. It was opened in 2005 when I was self-employed, but have not really contributed to it since 2006 when I took up regu...
Andrew Richardson
Looking for best legal structure for real estate investing
Hello,I am trying to find out/verify the best legal structure for real estate investing. From my research and listening to BP podcasts it appears that a series LLC with a operating company and holding company/s seems...
Melinda Vaughn
Mortgage company that allows the equity as part of down Payment?
Hello,
I have a lease with purchase option on a house that now has an addItIonal 20% equity from the agreed upon purchase price. Does anyone know a mortgage company that allows the equity to be used as part/all of th...
Justin Pierce
Press Releases?
Can someone tell me how the press realeses work. Who are the realeses sent to, just my collegues or some larger group? And give me some ideas on how I can use them.
I ment Press "RELEASE." And while yo...
Robert Lindsley
Extra water usage in small apartment building
Hi there,Yesterday I received a call from the water company that my building water usage was 2x the normal amount. After researching the issue I discovered a tenant’s toilet has been broken for a month and has been l...
Account Closed
Re: commission split
Hey all,If an agents name is on a listing with the corporate/principal broker, is it assumed that your the one receiving the commission, and the principal broker is like the "house", or the principal will split the co...
Joshua Davis
LLC structure help needed
I am starting up my LLC with my wife and am wondering if we need separate LLC to manage the assets from the LLC as property investment?I have one property paid off and second property under a mortgage which I want to...
Abou C.
Type of legal entity?
Plan on acquiring a 2-4 unit in RI/MA next year with my business partner, I believe getting a LLC is the cheapest form there is compared to others options. But I have some questions I want to ask experienced investors...