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I just bought a cargo van that will be used only for my rental properties. I know there are two ways to expense the costs; either direct expenses or mileage. Which method do all of you use and why?Also, I want to ma...
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I will be closing on my first investment property mid August. It is a 3 unit but one of the units requires renovation. It has been stripped down to the studs. I have applied for a 203k loan and in the final stages but...
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I have 1 SFH rental property and I'm looking into landlord insurance. How much coverage do you recommend getting? And with an umbrella policy on top, do you use a different company to help ensure you are covered or is...
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I own 100+ properties in PA in my LLC which I am sole member of. I am always afraid that an insurance policy will lapse and I won't notice and then there will be a fire or something with serious liability or repair co...
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Hi! My husband and I recently bought a duplex, live in one side and have rented out the other. Our attorney recommended to hire out all snow removal services. The snow removal company we were considering using is sayi...
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Do you have to have different umbrella insurance policies for different categories? Or is there an insurance company that will do one umbrella and cover it all?
For example:
I have one umbrella for my h...
Hi, I'm a college student who is trying to develop a very detailed and comprehensive financial model to analyze buy and hold rental real estate investments in about a year when I have my first job. I know I need to i...
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I am helping seller in Georgia who has an auto lien on his home. I understand the stature of limitation is 7 years in Georgia. The lien judgement was 10 years ago.. what does that really mean? Does this mean when he s...
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Hi BP, I am currently looking for insurance coverage for a buy and hold property in Chicago. I reached out to several different insurance companies and the quotes ranged from $707 (Amica: Renters insurance + coverage ...
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Just looking for some advice. Thinking about utilizing the VA cashout refinance for 100% LTV. In doing this I would lower my interest rate from a 3.75% to a 3.5% and only add about 150$ to P&I on my mortgage. Shou...