Julian L.
Flood in condo. Santa Monica rules are killing me
I’m not sure if I want to vent or ask for advice...My condo had a substantial flood on Thanksgiving, Nov 22, due to a main line pipe underneath the building getting backed up.There is significant damage and the unit i...
Tiffany Murokozi
How to utilize my current LLC
Hi everyone! I have an LLC that was registered a few years ago to provide project management and business consulting services. I am new to REI and was thinking of using my current LLC. But since real estate is a diffe...
Ana Gannod
Abandonment/Nonpayment suit against Tenant while in Forebearance
I have a Tenant in Texas (Houston / Harris County) who fully abandoned their property at the beginning of the month. I am thinking about pursuing a non-payment suit against the former Tenant to (possibly) recover what...
Edward Adams
WHAT IS AN UMBRELLA POLICY?
I keep hearing if you buy property under your name put them under umbrella policy, what is an umbrella policy?
Allen Kim
Landlord Insurance Suggestions
Looking for a new landlord insurance provider. I currently have policies with NREIG paying around $57 a month for $120k in property coverage per side of a duplex in north Austin.Although the amount may seem minimal in...
Ronald Rucker II
SINGLE FAMILY, DUPLEX, TRIPLEX $100K-$300K FOR JOINT APPLICANTS
Hello BP Family! My name is Ronald and I'm going to jump right into it.I'm currently looking to secure a joint loan with myself, my mother and fiance for a property in Houston, Tx. A little about our situation: I h...
Ronald Rucker II
SINGLE FAMILY, DUPLEX, TRIPLEX $100K-$300K FOR JOINT APPLICANTS
Hello BP Family! My name is Ronald and I'm going to jump right into it.I'm currently looking to secure a joint loan with myself, my mother and fiance for a property in Houston, Tx. A little about our situation: I h...
Corey Ladusky
Lending Money for Flip from LLC or Personal Name?
Hi!Background - I am planning to lend money to a family friend (to his LLC) to do 2 flips. Once the flips are completed, I get a cut of the profits. We will be signing a promissory note to document this in writing. No...
Elizabeth Luiz
Looking for help/advice on Birmingham (wylam) house
I have a large 3/1 house in Birmingham(wylam) and the property managers are saying 10k to get it rent ready. The house isn’t worth that. We paid $10,000 for it and did electrical work totaling $7,500. We’re from out o...
Frank Kosiba
Two Properties on Convential Mortgage - Want to Move to Portfolio
Good afternoon BP Forum. I've posted some questions a few months back and got some great feedback. I'm posting again to look for some guidance to take my investing to the next level. Currently house-hack a multi famil...