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Hi BP! This question is for landlords who chose Umbrella Insurance instead of putting their properties in LLCs. Seems like the UI only comes into play after all other insurance limits are reached. We're having trouble...
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Many of the lenders of investor loans I've been speaking to will mostly/only lend to a business such as an LLC. I've heard a couple investors talk about having an LLC for rentals, and one for flips. As someone who is ...
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Can someone please explain to me how it's possible to bundle 2 homes into a purchase while financing? I was originally looking at purchasing one home for about $140, but have found someone selling multiple low priced ...
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Hi! I’m a newbe here. Need some views on this deal I’m interested in. This is my first one which I’m planning to put an offer on.Asking price:135kGross annual income: 29500Taxes:4500Units: 4 (fully rented-all studios ...
One of the biggest decisions that an owner has to make is if they should allow tenants to have pets at their property?Should I allow dogs only?Should I allow cats only?It is our opinion that there is a greater chance ...
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Hey BiggerPockets!
I'm a first time real estate investor and interested in househacking a quad in Oakland. I am throwing a couple ideas around in my head and hoping you could guide me!
Is it possible with Oaklan...
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Here is an article I wrote: Texas LLC FormationAngela Walter, Texas Attorney - Feel free to message me if you have any legal questions!
A limited liability company (LLC) is a business structure that is permitted by i...
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Hello all. This is my first rental so am not sure how to handle this tenant screening. I am in Los Angeles County in a B-class neighborhood and am mostly receiving interest from either those that do not meet the incom...
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I have a rental agreement between husband and wife I got a call from the wife stating they want the husband to be out of the lease because they are getting separated all the marital issues. How would you handle this s...
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Hi,I was just curious whether rent rates for a duplex are lower than for single family homes if all else was equal. If the duplex had a back yard and covered garage just like a sfh, except you're sharing one wall with...