Hello everyone,I have an LLC that purchases and holds performing notes. Payments are collected by the note servicer. I'm looking into purchasing liability insurance as a risk mitigation technique for lawsuits caused b...
Hello,
My GC doesn't have builders risk insurance? Is this normal?
Should I purchase it even though he has general insurance on his business?
Thank you!!
I will be purchasing my 4th place for $185k. My loan choices are 20% down at 4.875% or 25% down at 4.375%. Either way I will have to finance part of the down payment with a HELOC (4% interest rate right now). I can pr...
What would you say is the best way to finance a multi unit? In the past I’ve bought with just 20% down conventional financing. I now have my sights set on a duplex but in order to lock down a conventional loan we nee...
I have just started wholesaling in my community (Suffolk County, NY) and I realized that for most single-family homes, the county does not have the house sqft recorded. Only the lot size. I am using the wholesaling wi...
My tenant has violated the lease several times, had late payments, and has been negligent with the property other times. I have looked forward to the day the lease expires so he will move out. I am reluctant to fill t...
Hi BP,How do you property managers handle renter's insurance? Do you manage the policy and charge the tenant? Do you just put in a clause for it and hope for the best after the first verification? What are my optio...
Tenants have been in unit 2 months on a m2m. Leaving this month. Mirror on medicine cabinet "fell off". These are special order items and two are in the bathroom so they need to match. Not sure of the age because of n...
I would like to take the real estate exam in DC (and maybe MD and VA) mostly for my own real estate investing. Which, at this stage is negligible but I hope to buy at least a handful of properties over the next 5 year...
Hello everyone! I'm not looking for legal advise, just your fantastic opinions. I'm looking at a contract from a contractor and it includes a confusing Indemnification clause? Or at least it's confusing to me. It ...