Alicia Marks
Insurance coverage in a wraparound loan
We are selling a property via owner finance, but wrapping our current mortgage. The confusion is how to handle the insurance. I am getting different answers as to if we both need to carry coverage with us making the f...
Daniel Okeefe
credit screening tenant
Hi members. was wondering if anyone had this experience or insight on credit history.Met with a potential tenant for a class B-C type apartment I own and interview went very well, she asked a lot of questions about t...
Kenny Charles
Need some insight on this possible subject 2 deal
Hey BiggerPockets world!I have a possible sub 2 deal looking to get some insight. I have a seller who owns a 3 family home, and willing to subject 2 her remaining mortgage balance of 295k. ARV is 485k, and as is value...
Reid Mathews
Can I Write Off Expenses Through LLC
Hey friends, this may be a silly question. But if I set up an LLC (to buy rentals in the future of course), can you buy anything in the name of the LLC if it is business related? The exact example, could I set up an L...
Mark Jurgiel
Opening a bank account for a rental property
I have a 2 unit rental property that's under my name and currently I deposit the rent and pay all the expenses from my personal bank account. Is it worth me opening a business checking and savings account for just a 2...
Lynn Anthony
Personal loan vs. LLC
After listening to Brandon Turners podcast about LLCs, what are all your thoughts for a newbie investor getting ready to buy a SFH? Would you just get a personal loan with an umbrella policy, if so how much of a polic...
Stephen Masek
What happens if SD-IRA Trustee Goes BK?
It seems that all self-directed IRAs are offered by relatively small companies which have somewhat recently appeared. I'm not against small businesses. However, what happens if the SD IRA trustee goes bankrupt? The...
Brandon Wessel
Hello from Livonia, MI!
Hello everyone,My name is Brandon Wessel. I am a real estate investor located in metro Detroit. My wife and I currently own 1 investment property and our primary. I am currently learning as much as I can, and contin...
Brian Lepo
Commercial Property Insurance?
I'm looking at a piece of commercial real estate in my area and have a few questions for those of you who own and manage commercial property.1. Do you own your property under an LLC, inc, real estate trust etc.2. What...
Brett Sodders
NOD Research
Sooo...I made my way down to the Recorder's office in California to do some research on NOD's for the first time. It was interesting and a complete PITA. I did get the information I needed though...well, for the mos...