A couple that is applying to live in my first rental unit is currently filling out my application to return to me on Monday.  However just talkimg to them he has a previous eviction on his record and is currently betw...

Hi All,  Anything that I should be aware of before renting my condo to a tenant with pet?  It is a small dog, and he has all the shots and immunization papers.The tenant is willing to add another month of security dep...

Hi all, I am confused as what to do regarding title.I am in contract and my confusion stems from my bank wanting me to sign disclosures that I will be using "their people" to pull title, but my lawyer wants me to use ...

Having a hard time making the decision on putting a new STR into an LLC or just getting an Umbrella policy.  In NC it costs about $450 a year in fees for the LLC (Annual Report and Franchise Fee).  I currently pay a C...

An investor who had a fire at their property had full insurance coverage on the loss, the policy was in force, had about $90,000.00 in damage, had a limit of insurance of 1.5 million dollars, and was a clear cut case ...

Hello BP! My partners and I flip houses here in Charleston, WV. We flip between 45 and 50 houses per year and have done so for the last 3 1/2 years. We recently ran into a little streak of houses falling out of a cont...

I’m a newbie so I think this question is appropriate. I’ve received different answers from different people so here it is. For rental properties ... do lenders require your insurance to cover replacement value of th...

I am under contract for a property I am buying in the Memphis area for $220k (cash). It's giving a 4% CoC return, and I am considering the idea of just putting enough money down for it to break even on expenses (will ...

I am looking to buy my first rental property in the next 0 to 3 months. There’s a great market here for houses in the $60,000 range. I’ve run all the numbers through the calculator and I think I can be $300 cash flow ...

Hi folks,Now that I am acquiring enough rentals to have true value, I am getting worried more and more about the risk. That said, it's time to convert to LLC's (probably a little late, but better late than never).Curr...