Sigmund VanDamme
Additional insured the same as additional interest?
My new tenant told me that Progressive stated that they cannot add my LLC as an additional insured; however, they can add me as an additional interest.Is this the same thing?
Mary Jay
What is the proper way to
Can you guys help me out with this?I know that the rents deposited into my LLC bank account can not be just transferred into my personal bank account (Because if I do it then it pierces the corporate veil) 1) But what...
Alexander Knox
Book Keeping on multiple properties
Hello BP!I wanted to see if anyone has some advice on how to maintain clean books/records. I am involved in multiple real estate investments, all of which have varying equity interests so it is difficult to keep all p...
Clay Manship
Rental Portfolio: How Do I Protect Myself?
HI All-
I am in the midst of closing on my first deal, which will be the first of hopefully many units to be a part of my rental portfolio. However, in the closing of my first unit, I am putting the property ...
Jasvinder Singh
Investment in Rental Properties
Hello BiggerPockets, I am currently having three rental condos in Worcester county, Please advise me is it good time to look for new rental investment, I do track some multi-family condo's in Worcester, but I don't ha...
Gaspare U.
Please offer some criticism. Was this a missed opportunity?
Check out this home at Realtor.com$730,800 ($750k was listing price, I would have paid $700k)6 beds · 6 baths50 S Union Ave, Cranfordhttps://b1iw.app.link/URhZUtpucZ The original listing is gone now. But I am wonderin...
Account Closed
Master Lease Option Questions
I have three questions.
1) Why would an apartment building owner consider a Master Lease with Option?
2) What are the advantages for the owner and buyer?3) How common are these contracts?
Sami Gren
Tenant late on payment, and requires you to fix stuff
What would you do in a case that the tenant hasn't paid the rent yet and says that you need to fix stuff
I'm not talking in a situation that you're neglecting to fix stuff, I'm tallking in a situation that their payi...
Zoe Lee
multiplex tenant reliable?
We just start looking at multiplex for "better cash flow" based on my realtor's recommendation. But I noticed multiplex community usually looks less neat and not so well maintained, due to tenants not taking care of t...
Kate McCarren
Bad at Promoting, seeking advice
I'm a house hack landlord (or maybe just an aspiring landlord since my rental unit is empty?). My listing in Northern New Jersey has been up for almost 2 months now, but having a lot of trouble finding people who are...