Lenny B.
What should be the amount of Umbrella insurance?
Hello everyone,I've been trying to figure out the answer to a question about how to come up with the amount of umbrella insurance coverage I need. I used to have $1M umbrella, but my insurance agent says I am signific...
Dee Xixi
Real Estate perdictions 2011
I was watching CNN yesterday and one real estate professor predict the RE market will go down another 10-15% more in price late summer of this year. Inventory will flood most of the big market and the commercial REO w...
Sage Jankowitz
Water heater help
So this isn't exactly a rehab question, but not really sure where else to post, hopefully you guys can help.
While I was away in Israel for the past two weeks my family's water heater broke and my mother dealt with ...
Simon Asraf
How to Structure LLCs
Hello BP Community!
We have recently acquired a six unit apartment building in Memphis, which is our largest acquisition to date (we also have four SFRs). I want to know the best way to protect my assets. I keep gett...
Richard Alvarez
Broken Window -- Whose Responsibility
I am in California and use the standard CAR Commercial lease form and recently had a front window break. The tenant says they were not at the facility when it happened and it looks like it blew out not in. I, unfortun...
Jose Pena
Structure a business
Hey BP members,
I have been researching on how to structure the start of my rental empire. I hear a lot of everything...one LLC for each property...one LLC for all my properties...different tax strategies...
My quest...
Curtis Lancaster II
Prefab shipping container neighborhood
Hi! Im looking to build a team of people in the Washington d.c area to build a prefabricated shipping container neighborhood. I have been looking into this method of building for a few reasons.
Long term durability
...
John Seelig
Big Picture - Renting out a home with equity advice
I'm sure this is in the forums already. I'm not good at searching apparently. Apologies.We are modest W2 earners, 250k combined, I want to take my family home in San Diego worth around 700K, with 200K in equity, and r...
David Featherstone
First time home buying - Off market opportunity
Hey everyone! My wife and I have been renting a home in Los Angeles from a family member who recently passed away. We now have been given the opportunity to purchase the old home off-market, if we'd like. The house wa...
Jade Pickenheim
Installing Gas Fireplace
We recently bought a duplex to live in one unit and rent the other. Our unit has a fireplace whose vent to chimney has been sealed, but it has a pipe coming up from the floor that is capped. We assume that's a gas lin...