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My insurance agent says I can require my tenants to have renter's insurance. I run a pretty tight ship as far paperwork and managing my properties, but this is one area I maybe failing in. I appreciate any thoughts here?
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I was recently searching for an investment property. I came across a very nice 3 family that was updated. The owner had listed with an agent and had no real offers for over 2 months. They had lowered the price by $4...
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I see this question pop up a lot on BP: "how do I evict a tenant in [city, state]?" I've had to evict a few tenants from properties I've owned in different states, but I always rely on property managers to contact the...
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Hi. My wife and I live in California and purchased two homes out of state with Marshall Reddick in 2006. One single family home was in Florida and the other in North Carolina.
We are upside down on both homes and...
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What is an asset protection trust? Who needs them? Where do you set them up? Lets jump into this.
Lets start with the need for asset protection and why asset protection works. Asset Protection works by removing the ...
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Has anyone been successful at finishing a basement and turning it into a legal or illegal apartment to rent out as extra income?
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I love reading the Deal Diaries on BP so I thought I would write my own. Hopefully, it will help others learn from my experience and avoid the mistakes I make (I'm sure there will be plenty!)This will be my third rent...
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Excerpt from a post I made on the stock investing forum "The Motley Fool." The audience is stock investors who are equally passionate and successful in stocks as the BP community is in REI. Many of them think going al...
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I've been renting out my property for a few years now and haven't had any major issues, just wanted some feedback if there's anything I can do better to improve the entire process and a few questions.
1) Advertising
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Over the last couple of months, I have been extremely patient. I have made a few offers, but it still appears that sellers are still hopeful for 2021 prices. Stuff is sitting longer, and are less affordable in my area...