I met with the mortgage lender on Tuesday for my first investment MFU. I'm gonna live in it to satisfy the tax incentive. However, I want to protect myself legally and asked the lender about putting the MFU in a LLC. ...
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Hello fellow investors, I am currently using Farmers and Foremost Insurance. However I ran a few quotes on Obie Insurance (geared specifically towards landlords) and for only the 4 houses I checked, I am saving 1,5k a...
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I am converting my primary residence to an investment property and understand the benefits of putting it in an LLC from an asset protection standpoint. I do already have a large umbrella policy. I'm interested in unde...
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Good/interesting article from Mortgage News Daily that came out on Friday - sharing, lots of good tidbits about mortgage backed security bonds, the rate environment and where we may go from herehttps://www.mortgagenew...
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My Dad and I are looking at creating an LLC to purchase an investment property. We live in Indiana but are looking to invest in Kentucky. Does any know the implications of creating an LLC in Indiana all while being a ...
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I own several single-family homes in Kansas City and they are all successfully rented out for a great return (about 14% average). I have been told by many successful investors that the next step I should look into is ...
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Hi bp, question for you: I have a quadplex in Missouri, and i just had to go through my first eviction. The property management company pretty much took care of the eviction, however it cost about $1700 just to do the...
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I have a tenant moving out after residing in the apartment for 5 years. She is a heavy smoker and the nicotine is dripping off the blinds. Needless to say, all walls and ceilings will need to be primed and painted. Sh...
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Hi All,I have a question about the mobile home park syndication. From one syndication deal, I constantly received the same amount of the owner distribution each month as an LP. I did also invest in some other multifam...
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I have had my first property, which is a 4 unit, for 5 months. Everything has been perfect so far. My tenants are two guys that have been there for over 30 years, an elderly lady, and a mid 20s male. All four have bee...