Hi Guys, what is the best for liability insurance when you own rentals properties?Is it to have each property under an LLC or having a 1 or 2 million dollars umbrella liability ?Please let me know your thoughts, i wou...
Hi guys! I hope this forum can help me out again. As I build my investment portfolio, I keep learning. I keep going thru the good and the bad.Situation: I hired a marketing manager, just part time. Great kid. College ...
This guy's article states that depreciation recapture exclusion is not possible with the opportunity zone 10-year-hold:https://www.therealestatecpa.com/blog/real-estate-...Yet these other articles are stating that cap...
My tenant is moving in today and I got an email from my PM that the AC is not working....Is this my bad luck or is it always like this on a rental ? The unit is about 5 years old and it was working great when I stay f...
I recently purchased an old Victorian house that has no wall insulation and single pane glass. I'm replacing all the old windows in the house with new double pane vinyl windows. I'm curious if anyone recommends add...
So I have been trying to get into real estate investing and have decided to take the dive, I have researched and read various books however its one thing to read something and another to have experience. Thats why ...
Hello BP,
Finally did it. Pulled the trigger and now I am 5 days from closing on my first property! It is a duplex in Chicago, with a long term tenant already occupying one of the units. The tenant has been there for...
Hello,Any advice, suggestions, tips for a eviction court date? Renters owe rent for last month and this month. Keeps saying that the bank lost their money, will pay me soon, husband just had major surgery so he is n...
Hello everybody,
I am not a landlord yet, but if all goes to plan I will own a two unit upper lower in which I plan to house hack in the next couple months. As with all things in life, no matter how prepared I feel or...
My property manager (Unofficial he collects an sends rent and I hire him for repairs) sent me pics of the tenant parking on the lawn. There are complaints from neighbors about the tenant getting drunk and just being a...