I was talking to an acquaintance the other day and they informed me about a strategy where one can essentially partner with insurance companies for when an insurance client's home is destroyed through natural disaster...
Hi. I would like to know my fellow CRE investors of what u think. We are in contract of this apartment building in Kansas City, MO. 6 units, needs a total rehab/rebuild. Fire sale. Previous owner claimed 150k from ins...
My wife and I are currently starting out real estate journey. 1.5 years ago we bought a dental practice, and last year we purchased our dental office building priced at around $2M with $500k in equity. We currently ma...
I'm having trouble finding insurance companies that will insure my homes in this situation.Property 1: Renting the main floor to a family, and 3 separate room rentals in the basement. Property 2: My main residence, re...
Hi Everyone - Looking to crowdsource some info on what typical costs are for these types of services... some background info: I'm an aspiring investor and have recently moved into a new primary for my wife and I to li...
Hello BP community!Question is pretty much in the title - any other self employed RE professionals using a Section 105 on your taxes to offset insurance and medical costs? Curious if you got any pushback from your acc...
I've recently been introduced to the strategy of selling property using an installment land contract. It's appealing for a number of reasons: the buyer gets equitable interest in a property, takes care of all repairs,...
Hey BP,
Who has had success with a higher end MTR strategy (North of $5K monthly rent)? How did you market it outside of the normal websites like Furnished Finder and Air BnB?
Now that you have an asset, let's talk about asset protection. Below are a few strategies I've ranked from worst to best, which offer varying levels of protection. Worst:
- No coverage, held in your name.
Bad:
...
I'm currently house hacking with a mid term rental strategy and considering renting out two rooms in my property to a single tenant. The property is a 3 bedroom, 2.5 bathroom townhouse. My girlfriend and I occupy one ...