I am interested in how others are handling insurance for rental property held in an IRA.Do you name your custodian as primary insured with yourself in some form (I.E., Name of IRA Holder) as an additional insured, vis...
I'm getting mixed info on this so hopefully someone did this already can help me out here:When you have real wind and hail damage o the roof and you successfully get it replaced through your insurance. Can your insura...
I plan on purchasing a property subject to The existing financing which is a VA loan. My question is around the mechanics of changing the insurance. I’m talking through this… Since the lender will be aware of the titl...
Hi all,My understanding is that real estate transactions are required to be "overseen" by an attorney in South Carolina. But I am having difficulty finding out exactly what all they are required to do. Does anyone h...
Hello, my wife and I are currently in the process of buying a duplex and plan to house hack it and live in one side. Currently I’m wondering what is the best way to insure this property. Landlord insurance with my own...
I bought my first rental property in May in Huntsville, Al, and now the insurance company (State Farm) is threatening to cancel our policy because the property has been vacant for over 30 days. Is that normal? What ...
Hello BP Forums! I've just begun learning about real estate investing and have gotten interested in buy/hold strategies. To build knowledge in my local market I've challenged myself to analyze one property a day. Woul...
Hi everyone, I am getting ready to close on my first investment property and looking for some advice on how to transfer the property into an LLC. Since this is my first property, I will be getting a personal loan at 1...
This may be very obvious to some but if I purchased a property with an FHA loan an then decided to rent that property out, and then decided I'd like to start an LLC to protect myself in case of a tenant suing. Is it p...
Hey guys,I currently own my home on paper but I owe 110000 to a private lender. I am paying a 6% interest only loan. My current payback method is saving and throwing chunks at the principle. Which leaves me with littl...