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About to close on my first rental property (SFH)! Do I need any special insurance other than homeowner's insurance to cover my rental? Should I look into a separate umbrella policy to protect myself as it will not b...
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Hey all!
My business partner and I are in the beginning
stages of our adventure. I want to avoid the whole paralysis by analysis
phenomenon and get moving! We are discussing creating an LLC
to protect our per...
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Hello BP,I am in the process of acquiring my first rehab property. I have built great rapport with the seller and have secured a purchase price that is well below the ARV. I have ran the numbers and the margins are ...
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We foreclosed on a SFR last week in Memphis, Tennessee. My partner runs an asset management company that handles our REOs as well as those for two other funds across the country. One of the first steps is to find a lo...
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I am a new investor and about to obtain a LLC for a couple purposes , one so i can put future properties into this company and also to create the LLC to be our real estate brand create a website and help other become ...
I live in a townhome in a HOA community in northern VA - going on 3 years now. It's a community of older townhomes (20+ yrs) and slightly newer SFH (15 yrs). Most of the townhomes do not have garages and have to rel...
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The bank placed a clause in the warranty deed that restricts the resale of the home we purchased for 90 days above a certain amount. Anyone know why they would do this? This was a short sale.
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I'm a newbie investor. I started out by first buying my own home. It is a 2 story Chicago brick Georgian. I house hacked and was able to use other people's money for my down payment. I went through the typical proc...
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This article was featured yesterday in the Wall Street Journal. Apparently, a new state law will target Airbnb advertisers with fines of up to $7,500 if they violate a 2010 law that bars rentals under 30 days in mu...
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Hi everyone, Fist and fore most, i am very grateful to be given this second chance, so i guess the best place to start is to just give you a brief introduction on myself. I came to LA in the 90's and i began my Path i...