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Hi All,My partner and I have created a construction LLC that has general liability insurance. We subcontract all our work out on our residential and commercial jobs. We have also created an investment LLC that will ...
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How much can closing costs differ when doing a mortgage deal compared to an all cash deal? Could it be $100s difference or $1000s? What are the the type of expenses that would be knocked off the HUD-1 form?
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So, brand new plumbing just prior to putting property into service in Nov, 2012,. Slow leak developed at reducing coupler and gone unnoticed in wall between bath and kitchen. Fast Forward to December 2014. Tenant re...
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How do I explain to the home sellers that I would be assigning their property to an investor.without seeming like am haggleing them out of their home,but really helping them sell quickly?
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After reviewing our latest renewal it seem our replacement value's have gotten out of line and our insurance company doesn't seem to want to do anything about it. The built-in 3-4% inflation rate increase really adds...
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I transferred several of my properties from my personal name into LLC name through lawyer about a year ago. Since these properties were held free and clear, he used quit claim deed to transfer them into wife and husba...
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Good afternoon BP Community. I was contacted by a young lady out of DC who's looking to sell her home asap. I have an appraisal in hand showing it was valued 1/5/17 at $445k. I know it needs some work.. the kitchen an...
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I currently don’t plan on using an LLC for my rental properties, because I’m doing owner occupied properties and househacking my first couple with VA and FHA. Something I’ve been thinking about lately is having reserv...
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HelloTrying to understand how much dwelling coverage i should carry on my insurance for my 4 plex. if a calamity happens and i have to build the property from scratch again, how much would it cost me $ per sqft.
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Hi BP!I finally was able to find a bank that will convert my conventional/ personal mortgage to an LLC for all of my rentals. Just getting any idea from anyone here who has investments under an LLC regarding the prope...