DuWayne Jones
Where there’s a Will, there’s a way
We know of a family whose parents are now both deceased and the surviving children want to sell the property. However, they are unsure if there was a will or if they are even the heirs to the estate. The property is i...
Ponni Carlin
Transferring properties into LLCs
Hi All, I have been hearing a lot of super varied information on transferring properties to LLCs and if the mortgage companies will invoke the due on sale clause. I talked to my mortgage broker and he is very confiden...
LaTonya Clark
Another One bought and rented
Hey guys I closed on my 3rd rental in January. But I lost my property manager because I wanted the grass cut.. ;-( But any who, I am managing my own properties now and Im not too happy about it but so far I haven't g...
Account Closed
SFH CONVERTED TO DUPLEX !!!!
Hello all, there are alot of sfh that are converted to duplexes in my area. My question is if for some unforsaken reason albeit fire or natural disaster and the house is "DONE" would the rebuild be a new sfh that I...
Nathan R. Cowger
Landlord Insurance for a small multifamily
Insurance rates are going up again. $2000 last year, almost $2500 this year. My fourplex is currently covered by Traveler's Insurance. Should I be looking somewhere else for a landlord policy? Or is this just the ...
Joseph Attia
Private real estate investment group structure
I am wondering what advice you can give on an appropriate waterfall payout to investors if I am the manager of the real estate assets, leases, and management. I am planning on owning each property in a separate co...
Chris Heeren
LLC Structures for 100 properties
I'm curious on how people with over 100 properties structure their entities. I currently have 34 properties (52 units) and have them split out over 3 different single member LLC's. Do other owners continue to create e...
Christine Barker
Verify contractor insurance
I have a contractor who is going to be doing demo and Rehab on one of my units. He has given me a copy of his Accord form for his liability insurance but I'm not an authorized user or additional insured. He is telling...
Suzie Remilien
Getting insurance on illegal mother in law unit in Florida
This question is courtesy of an investor friend. He just found out that his insurance company will not insure the 3/2 house he bought in Fort Lauderdale, Florida, because the mother in law unit is illegal. The previou...
Don Libby
Cape Cod Insurance for STR
Hello All, I am looking to purchase a 3 bed STR in Cape Cod. My only other investment experience is with LTR duplexes. The insurance requirements down there have thrown me for a loop. Multiple insurance agencies h...