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i know this is a rookie mistake, but believe me i have learned from it.
so i have a rental i just picked up, and it appears to have had water sit in it at some point. we find some black mold around the baseboards an...
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Hey BP! A search of the forums didn't turn up any information on the topic so I thought I would start a new thread. I am researching vacation properties in the Lake Tahoe region and am interested in the growth that ot...
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Dear Forum,My understanding is that an LLC protects your personal assets from being sued by a renter. But what about the equity in the rental property that is under the LLC? Can the renter go after ownership of the ac...
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Still working on getting my first deal and I know I've read and heard that you should always pay yourself first when taking your monthly income from tenants but how do you do it without getting nervous? I know how to...
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Hello everyone. I was wondering if installing an alarm system in the property would bring Added value or if it is just a waste of money? The alarm system would cost about $50 per month, I can rent the home out for $12...
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I purchased my first duplex, out of state, over the summer and am now preparing to do my rental property taxes for the first time and have a few questions on deductions.Is the home inspection deductible?I initially ha...
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My only property, is a 3 bed/1.5 bath single family home (SFH), under my LLC. My interest rate is a five year balloon loan at 5.9% with a final payment of $33,258.21 due on October 5, 2023. Total collateral value: $92...
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I applied early on as we had a vacation rental property in Florida that was significantly impacted by COVID-19. We had many confirmed bookings that were cancelled due to COVID-19 and had no insurance coverage for a pa...
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I inherited a lot of real estate (with a ton of equity and in prime locations in Pittsburgh) and it took quite a while for me to figure out what to do with it. After some thought, I will rent it out but it needs quit...
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Insurers are pulling out of Florida left and right (including USAA for rentals) and I'm having a hard time finding a policy. Anyone have any ideas on insurers for Florida?