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Hi, I'm in contract to acquire a 2 property deal: 6 unit apartment and 6 townhome. Looking at insurance for these properties, what is generally considered to be adequate coverage, ie what should be covered and how muc...
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I noticed that some members of this site have businesses selling cash flow properties. In Texas, Memphis or some other place. Are these people legit? I also hear a ton of people saying to do everything yourself (Fi...
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I have a contact who owned 50 properties at one time in Phila., Pa. They were all foreclosed about eight years ago, except for 13. My contact stated that he can't find out who currently holds the mortgages on these la...
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My wife and I are in contract with our second small multi-family which we plan to move into. We haven’t yet started an LLC but plan to in the next year and move the first multi-family title to the LLC. We are thinking...
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I'm at the point of setting up my LLC in which to keep my buy & hold investment properties for the long term in the Buffalo N.Y. & surrounding areas. I'm curious to know what would be the most tax-advantageous...
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I just came across a banner ad on the site here and clicked through to it as it seemed interesting. It is called REI Wholesale Guy.com
I knew full well that it would be an overly hyped opportunity full of the usual...
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I have a 1 BR/1 Bath garage apartment partially detached from my personal residence. I need help on how to structure many aspects of the rental.For instance, should I or can I establish an LLC to rent the unit under? ...
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I was checking out the new hard money lenders directory on BP today and it appears there are now 12 lenders.
Questions:
1. Is there an easy way to filter all of the lenders to see who will loan in a certain area?...
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The worst Insurance I dealt with - I had a sewer backup on one of my condos - and when I wanted to file a claim they say the policy does not include itA while ago another property had the same issue - and no issues wi...
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Hello,
I've created two LLCs based on the direction from my accountant. One is filed as an s-corp, the other is not. The s-corp LLC has a contractor's license and insurance, I intend to use it for flipping and possib...