Zico George
Who can be sued ? Spouse or both
I've always wondered who can legally get sued if a couple owns a rental property and an incident such as a slip and fall or dog bite occurs at the property. Let assumes the couple had no insurance coverage, no umbrell...
Zachary Rosa
Multiple doors multiple bank accounts?
I currently have 3 properties ( 6 doors). I currently keep all the money in and out in one bank account. I do not have an LLC.
I am going to continue to acquire properties and and wonder where to start. Should i cre...
Andy Mirza
Advancing Escrow for NPNs
This is similar to another post about advancing property taxes for NPNs with a few differences.We will make advances for escrow accounts for owner occupied loans, in which the borrower may file Ch 13 Bankruptcy. Keepi...
Jacob Jones
Who has used Open letter marketing?
Hello BP members, I am a wholesaler in Lake Stevens, WA. I have mainly used hand written yellow letters to contact sellers. I am looking for better ways to automate my process to free up time for me to find more leads...
Ki Lee
LLC for rental property?
I have 2 rental properties in Utah and Illinois. One is a single family home and the other is a triplex. I bought them using my personal name. I do have umbrella policy to cover potential liabilities. Is it still n...
Peter Green
Bad Roof - What should I do ? Advice Plz ? Multi Unit Bldg....
In Contract to purchase a Multi-Family Property at just under a million. Just had the roof of building and parking structure inspected, $104,000 replacement cost. Condition of building roof is worn and fair to bad. ...
Jerry K.
Safest to Riskiest Investments - as PIMCO looks at it
Found this article by Bill Gross of PIMCO. He shows an image of a series of concentric circles with the safest investments in the center and each circle going outward has more risk - according to the PIMCO investm...
Bob Malecki
Treasury to Provide More Hardest Hit Funding Thru 2020
The U.S. Department of Treasury announced on Friday that it would provide up to $2 billion in additional Troubled Asset Relief Program (TARP) funds for the Hardest Hit Fund (HHF) program to put toward assisting strugg...
Cathy Wilson
Memorandum for land contract
I want to buy my sisters house. It's owned and has no mortgage so we are drawing up our own unconventional agreement for payments. However, she doesn't want me to record the deed until it's paid in full. Will the memo...
Reya Ripet
Permits and insurance issues
Hi all.I am stressing out here. So recently they introduced the requirement for landlords to need "landlord permits".I am also dealing with difficult insurance that are cancelling policies with minnimal reasons and no...