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Results (5674)
Erick Armando Gonzalez Tenant Ignoring Renters Insurance Requirement – What’s My Next Step?
5 February 2025 | 21 replies

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...

Kyle K. EIULs-- Equity Indexed Universal Life Insurance
8 October 2019 | 27 replies

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, ...

Kelly U. LLC, FLP, INC, CORP C&S [a plethora of questions]
16 December 2008 | 7 replies

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 ...

Marsay Winder BRRRR update - underwriting complications (new experience!!!)
13 July 2019 | 6 replies

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...

Alex Wilson PA Tax Upset Sale: Can I sell/assign my winning bid?
27 November 2021 | 3 replies

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...

Matt Daley Do you charge a deposit when signing a lease?
8 July 2023 | 3 replies

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...

Ted Klein Inherited Tenant With Small Dog & No Pet Policy
17 March 2017 | 11 replies

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...

Terri-Leigh H. Hurricane devastated our rehab!
12 October 2022 | 34 replies

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...

Ana Marie B. Undisclosed Sewage Treatment Capacity Charge
28 October 2017 | 5 replies

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...

Phillip Gainey Seller Financed property, seller not placed on Insurance Policy
9 December 2011 | 10 replies

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...