Your rental property is at risk. Maybe not now, but in the near future, you could face property damage, the need to rebuild, or an angry tenant/guest filing a lawsuit against you. What do you do? Don’t get too sweaty;...
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Hi all! I have a question regarding working with real estate agents and protecting deals that are not under contract from being taken by another party. By way of quick background, my name is Will Kaufmann and I am new...
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Hi:I am planning to rent my first property that I fully own. I am leaning towards 1 mil in liability insurance and 2 mil in umbrella as my rental asset is worth about 250k. I don’t plan to do an LLC right now since I ...
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Hi guys,I'm very new to BiggerPockets and this is my first post! Exciting times :-)I'm curious to hear about your experiences when going into partnership with other investors. What is the standard protocol when you pu...
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HI BP members,I am in the process of buying second duplex and will live in one side while renting out the other. So i will be occupying 1 unit and renting out 3. Currently my rent goes just to a sole ownership accoun...
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I've read a lot about the asset protection plan of buying a property in your personal name with conventional financing, then quit claim the property into their LLC. My property manager told me he's seen people do thi...
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We live in seaside Oregon. Our accountant and attorney is not super savvy in real estate and I just want to make sure we are getting the best advice possible, especially for tax advice/strategies for the future. I wan...
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I’m looking at purchasing a property in Minnesota and it may be possible to buy it subject to the existing mortgage. I have done a bit of searching about this on here and have not been able to find a consolidated thr...
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What are the pros and cons of recording a mortgage on a free and clear property for asset protection.
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Hello. I am a married California resident who is about to buy his first house. My wife has previously been married in another state. As part of her divorce decree , her ex-husband was required to continue to make p...