Christine Glasner
A car smashed into our rental property!
Okay, so I get home yesterday and there is a message on my phone from my stepdaughter. "Christine, you might want to check out Facebook. There is a picture on there with a car crashed through the front of a house a...
Jessica Weiler
Owner Financing
Hi everyone! I own a property in my IRA and I am offering seller financing to the buyer. This will be our 1st time doing owner financing. We have questions about having the property insured. I know that the buyer is s...
Rav Ram
How do you do a wrap around mortage and have one insurance policy for buyer, seller and seller's lender?
Does anyone know how to get one insurance policy that covers everybody at the get go? I can't seem to find this.
As the seller, I need to have the insurance for my original lender, but i want to cover the ...
Johnoson Crutchfield
totally unprepared; when rental property catches on fire
I've been adding units so fast that I don't know what to do when a rental property catches on fire. I have a house that has caught on fire and could use some moral support and some steps to take starting now. total ...
Lola Brin
LLC use of EIN vs SSn
'We are transfering property that is under our name to an LLC. We are planning to use a Special Warranty Deed. We want to continue to use our SSN rather than to get and start filing using a EIN, has anyone had experie...
Marcin G.
what if sub gets injured
Lets say I hire GC, I sign a contract that among other stipulations says that I pay only to GC. GC hires subs. Lets say he hired painters team. Guys are not licensed or insured …one of them falls off his ladder and...
Charles Granja
What are normal title fees 400-500k house?
In the past, I have purchased homes and title costs are normally 700-1200$ for homes between 100-250k (California/Missouri/Kansas).For a 420k house (Chicago), I am purchasing they have the total at 3500$, seems like a...
Patrick Philip
Hiring handymen and liability?
I could save lots of money by hiring handymen on flips. But I'm concerned about liability if someone gets injured. First of all, why am I responsible if a tile guy is negligent and cuts himself? I don't even get that ...
Brian Hinkle
Renters Ins; LL listed as Addl Interest, not notified of cancel
Hello,I am running into something right now that I didn't think I would have to deal with. Each of our leases indicate that the property owner must be listed as additional insured. Some insurance companies do not allo...
Vilena G.
Airbnb amenities idea
Hello BP family,I’m getting my house ready for Airbnb and was thinking to do a big loft net, there is a perfect space for that on my second floor loft room. It will be all the way covering open space, so it will be im...