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Hi there! Since DSCR loans are commercial and not federally backed - do they need flood insurance? Is this one of those where it depends on the lender? The property I'm considering purchasing is in AE Flood zone.Thank...
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Anyone have any suggested insurers who would cover aluminum wiring?
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Hello everyone,We are scheduled to close on a vacant doublewide in Central Maine that we intend to use as a summer residence. The property is winterized and will remain vacant for ~6mo after closing. Can anyone reco...
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Alright "tax" friends... I need some clarity. I just heard someone say on a podcast, that they hold all of their properties in an LLC, because otherwise, they can't claim the deductions such as Property Management, mi...
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Hola - rookie investor here. I own a condo in Miami that is under a Florida LLC (I used to live in FL). I am looking to buy a property in Tennessee or Arkansas. Is it better to open an LLC in the state where the prope...
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If anyone owns property in or around Gaston and Mecklenburg counties in North Carolina, I'd suggest doing a walk-through or have your PM do it if you're out-of-state after what happened last night!
We had some pretty...
HI All,
I am a new real estate investor. I bought a condo that is currently managed by HOA. During the sale process and while i was also purchasing insurance for the condo, i reached out to the HOA company to ask whe...
We are new landlords & interviewing tenants for the first time. I have a prospective tenant who is a single mom with 2 teenagers. She does state childcare & it sounds like some of the care is provided in her h...
Well, GEICO decided to cancel my umbrella due to having over 5 properties. I have 9 rentals, a primary and an auto. I have 7 properties in MD and 3 in NM. Called around and lots of companies wouldn't insure with an...
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Hello BP,I am a licensed broker (not sales agent) but not currently actively using my license. I'm looking to broker a deal and would like to purchase E&O insurance for just this transaction. Does anyone know if...