Wesley Myers
Insurance options for older STR homes?
A week out from closing on our 2nd STR I discover that our cheapest insurance option is going to run about $7600/yr. The second highest came in around $14k. This killed the deal so we backed out. Multiple companies ca...
Patrick Dundon
Umbrella policy after 4th rental property.
Hello, everyone. I just added my 4th multifamily property and was informed by Geico that they would only allow me to carry four homes on my umbrella policy. Was wondering if anyone had this problem and had to resort t...
Jasen Bankson
STR Damage Insurance - Direct Bookings
Hey! I rent my home out for weekends about 5-7 times a year sometimes through AirBnb/VRBO, but some customers like to book direct and we can avoid fees and such of the third party. As such, I'm interested in a third ...
Chris Redfield
When to begin owning properties under an LLC?
I'm currently at 5 doors and seeking to add another soon. These first 5 are currently owned by my wife and me, but want to evaluate the pros and cons For those that own properties under an LLC, do you have an insight ...
Brian Kantor
Insurance for short-term rentals?
Hi, everyone. Most of my experience lies in the longterm rental property world, but we just picked up a short-term rental in Vermont and are going through the process of getting it ready to go.The property cost about ...
William Kyle Walker
Commercial Mortgage Insurance
Hello BP
I have a question about Commercial Mortgage Insurance. I would like to know what criteria the underwriter would look for when issuing the insurance. What insurance amount will they issue? Will they i...
Keith A.
Costs/benefits using LLC versus personal name
I have properties in my personal name with conventional financing. A few of them have conventional mortgages so I am well under my limit. I am in the process of purchasing a 4plex cash and was planning to use an ...
Mike York
Active vs Passive investing
Hi Everyone! I have a question looking to tap into your knowledge. I am just starting out and I read it's better to keep the active (flipping, wholesaling, etc) in one entity and the passive (rentals) in another....
Kevin Hurley
Refinancing a Rental Property
I have a rental property that I owned in Kansas City Missouri it’s fully rehabbed and I want to refinance it. When doing the refinance is there certain requirements that I have to meet and what are some other options...
Lexi Narducci
Insurance for Rental Arbitrage
Hi All, I am doing rental arbitrage (renting from a landlord) and then subleasing to tenants for longer than 1-month. Because of this, I have the sub-tenants enter into a lease agreement. However, I am having trouble ...