Looking to understand what others have done in the past and why? Am i just over paying for something that i never will use?
Good day everyone. I am seeking advice from anyone who has been through subject tos. I landed my first deal and it’s a subject to, I got the deed in a trust recorded at the courthouse and I also have the agreement wit...
(Ohio, USA) On August 11th, I backed into my garage and notified my landlord. I let him know that I’ll be getting an estimate as I only dented in the bottom panel. They took it upon themselves to have someone call and...
Can someone tell me what a normal amount is to pay for Insurance on low end rental properties? I own two rental properties in a 50/50 partnership in Birmingham, AL.
Rental 1: Market Value ~50k. Insurance Payments ar...
Hi, everyone,I am a newcomer to this website and a brief introduction of myself: I recently bought one condo in florida and every month I paid HOA fees to one designated property management company.According to the bu...
Hello BP CommunityI was wondering if anyone can suggest a good landlord insurance in the Chicagoland area? I pay about $1200 for the entire year. I'll be honest I am not sure if that is a good price or not. I use Alls...
How much do you guys keep for reserves?
I am just starting out with a 4 family and a 3 family and am targeting to keep the following for EACH property:
Operating Account = 2 x monthly mortgage taxes an...
I am currently licensed in insurance and remodel/refurbish homes on the side. I was successful in my previous career as a Sales Manager for many 5 Star Auto Dealerships. Buying and selling real estate has always been ...
Hi all,
I was listening to a podcast talking about if you bought a new SUV and put your business information on it, you could write it off 100%. Does anybody know if this is true? Does it have to be a LLC? Or would j...
Hello all, I am reviewing my insurance policy and I am curious what I should be looking for to ensure that it is the proper coverage for a rental property. I have a duplex which I live in one unit and rent the other....