Andrew Kougl
LLC paying back WholeLife policy loan used for down-payment?
Hoping someone out there has done this. My insurance agent shared with me that if my personal insurance policy is used as a loan for a business expense, the interest on the loan is tax deductible.In my case I want to ...
Patrick Fleming
Any tips on choosing an insurance provider for my first flip?
Good morning BP - my business partner and I are getting ready for our first project. We have everything lined up except for an insurance provider. We are targeting a low end flip to start looking to get in and out a...
Scott Trench
Investing in Blue States > Investing in Red States
Intentionally triggering headline for this community, I know.
But, hear me out.
The policies that are so obviously destructive in many blue states (rent control, NIMBYsm for zoning, high taxes, regulations, fees) ...
Kathleen Virtanen
Homeowners insurance and Polybutylene Pipes
I have run into problems trying to find an insurance company that will write a policy for a condo unit that has Polybutylene pipes. Does anyone in Sout Florida know of a company that will write a policy for properties...
Fernando Atilano
The water is not working
I got a call from my Tenant saying that there is no water running at this time (4pm on a Friday) I called the water department and said if they received my payment and they have, we are current. Also, I said to the wa...
Dan Marl
When do you put the deed in a LLC?
Hello everyone.I recently bought a house with cash and now I am doing a refinance cash-out and putting the loan under my personal name (delayed finance). My plan is to put the house under an LLC.At what steps do you...
Danny Sharp
LLC or umbrella policy for rental properties?
Looking to BRRRR my first property. Do I need to setup an LLC or get an umbrella policy?
Lisa Wrigley
Insuring my commercial property
My business currently resides in my commercial property. My business is an S corp but the real estate is owned by me personally. I am wondering how I can protect my business real estate and personal home etc should ...
Andy Lesko
Home Warranty and CapEx Budget
If I have a home warranty on a SFH rental, should I still budget each month for CapEx? For example, I pay $500 a year for warranty plus $60 for each service call. I choose to budget $100 for this expense ($40/month ...
Dennis Gallof
High Priced Condo Insurance in Miami for STR - Referral?
I'm in the process of getting an HO6 condo insurance policy in Miami at 20% coverage of purchase price and with hurricane/wind coverage, and I'm finding it difficult to get a good premium rate. One company I reached ...