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Hey everyone,
I’m currently managing a rental property, and my tenants have been there for a few months now. Looking back at my records, I realized I never received their proof of renters insurance, which was a requi...
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I've heard some intriguing things about EIULs which are basically investment grade life insurance policies that can build up cash value for tax free use later in life.
Does anyone on here have an EIUL policy? If so, ...
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First of all - does anyone else feel like they are singing the alphabet?
I have heard the LLC or FLP is the way to go but what really does that do for me?
What are the pluses and minuses and differences between the ...
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I had a recent experience with a lender that baffled me and wanted to share. I purchased a 40K home that was being used as a college rental. Based on doing prior deals with the seller and his motivation to liquidate...
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I made my first upset tax sale purchase 2 weeks ago in Columbia County PA. A nice 1.1 acre wooded lot with a creek right off the highway (with a fire-damaged house) for $3500. It came with a $4500 PA public assistan...
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First tenant turnover I am having at a property where I secured the tenant this far in advance. I feel like I should get some kind of deposit at the signing of the lease but understand I should not accept the First La...
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Hello BP, I just closed on a duplex in Marysville WA. One unit is vacant and the other has an inherited tenant with a small dog. There is a $200 non-refundable pet deposit in place. When we purchased the property we w...
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Our 6 week full remodel was devastated by Ian today.We aren’t sure how much has survived. We lost comms with neighbors before the water was at our door.Lanai ripped off.Huge palm trees ripped out.That’s what we know s...
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Hi BP Family! I'm writing to get some insight from any landlords who may have experienced a similar situation as myself. About 1 year ago, my husband and I bought a rental property (single family home) from a flippe...
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A friend of mine sold a property in Memphis a few months back offering seller financing. The buyer never placed him on the insurance policy as "mortgagee". He has tried to get the buyer to do so, to no avail. All s...