Dima A.
Please help with insurance!
Hi everybody, I'd like to get some feedback on an insurance question I am struggling with.
Here's the situation: I am 33% member in an LLC that owns and rents real estate. For simplicity, let's say we have a 60k home...
Brant Graves
Mobiles Home buyers for pre-1976
Hello everyone.I have a few mobile homes that are pre-1976 and looking to see who would be a great avatar for investing in that type of home. Landlords, owner carry?Also what strategies do you recommend to find invest...
James H.
How do you get policy quotes?
Hi everyone, thank you for reading this.Im trying to acquire quotes for homeowners insurance/rental insurance but it seems the only way to get an accurate quote is to engage the company and ask for it. Seems like comm...
Eric Tomlin
Tax owed when selling a rental home after a fire loss
Good day experts. I am trying to understand the tax laws and determine my tax liability for rental property that I have sold. The uniqueness of this transaction is in the fact that the property suffered a fire, and I...
Yuri Chernousko
What are the practical reasons for an LLC?
I wonder if there are convincing reasons for setting up an LLC. I understand that it may be pierceable in case of a suit. Plus, if I need to finance through a bank, the bank may call the loan if it discovers that th...
Robert Howard
Moving property from my name to the LLC
I'm getting ready to quit claim a property into my LLC's name, but I thought about insurance issues. Can I keep the insurance in my name or do I need to move the insurance into the name of the LLC. Also if I do chan...
Reid Hanley
Anyone ever used an Insurance Bond instead of a Lease Deposit
I came across an ad for an apartment building in which the seller described that he used insurance bonds instead of security deposits. This sounds interesting, but I'm sure there are other details to know about this ...
Mike Sola
FHA 203k program and BRRRR method
Is it possible to combine the FHA 203k and the BRRRR strategy? I understand you can use this loan to make household repairs but to what extent?
Steve Thomas
Sub2
Hey there,Quick question - I'm running into more properties that our investment group can purchase, but the owners are way behind in their payments. Is there a way to get around catching up all of the payments to mak...
Daryl Frazier
Lending Strategy in TX
Hello All,
Daryl Frazier from Central Texas here. I would love to have feedback, opinions, different strategies, etc. on a deal I'm currently working:
SFR
purchase price is $85,000
ARV is coming back @ $115,000
an...