Hello everyone,I am well into escrow with a 4plex house hack (primary residence) that I am doing. I got two quotes for homeowners insurance. One quote is nearly double the amount than the other quote. I asked the brok...
I live in New York, and have family in PA, NJ, and FL.I have a family of about 25 members who would like to pool their savings into one account, and each member would like to have the option of putting their savings i...
My wife and I are currently starting out real estate journey. 1.5 years ago we bought a dental practice, and last year we purchased our dental office building priced at around $2M with $500k in equity. We currently ma...
I am moving out of house next month. I am going to turn it over to a property manager so she can rent it out for me.
Do I need some sort of additional insurance to protect on top of my home insurance? If so, what kin...
I am wondering how/if to best use the Cash Value of my Universal Life Policy to assist in getting into RE Investing.
Although my net worth is fairly high, it is mostly tied up in ROTHs and my personal residence, whi...
Hello BP,I'm wondering if any experienced operators out there can shed some light on best practices. My partner and I bought a home in our personal names and operate our guest house as a STR. We created an LLC to oper...
Hi all,I'm closing on an investment property in 3 weeks and have run into an issue. The lender is requiring that I have an insurance policy with rent loss coverage. The property is going to be vacant initially as I ne...
TL;DR - What's the best way to put personal cash into an LLC for a real estate syndication deal that will pay monthly cashflow? Also, if I borrow from my life insurance policy can I deduct the interest paid back to th...
Saw somebody said this "FEMA will loan the money for you to rebuild your home but you need to pay back this money to FEMA".
My question are:
1. If my property will be damaged from Irma, which part can I claim from ho...
I'll be purchasing my very first multi-family rental properties (buying two multi-family homes). I want to create LLC to protect my other assets. However, I'm a little confused about insurance. Someone suggested th...