Folks - I have a primary home and two vehicles. In addition I own a rental property in Memphis, TN. I am now in need of an umbrella policy. I live in NJ. I am getting the feedback that both home and auto needs to be w...

Hi there,

Having trouble getting a grasp on what soft costs might really look like. This would hypothetically be a situation in which I'd pay all cash for a 150-300K house, then rehab and sell. Also excluding repair...

I understand that the "gold standard" is to ensure every contractor has liability and worker's comp insurance and that I have renovator's insurance on the rehab property.

That being said, what are your thoughts on e...

Apparently a disposal got blocked in my rental.  It got backed up and caused a piece of garage ceiling to fall.  Tenant claims car was damaged got estimate stating 4800 in damage.  Tenant is asking for reimbursement. ...

I have been listening and reading about this “infinity banking concept” and found it really interesting. Anybody currently using this? Pros and cons?

I had a tenant ask if, for therapeutic reason, they could buy an inflatable hot tub like the one in the link below and put it in the backyard.  As i understand it, insurance doesnt insure trampolines, pools, etc from ...

Hey BiggerPocket community,I'm in Canada and I found AIMLOAN. They offered me that:Please see below for term calculation on the amount $200kLoan Amount: $200,000.00Loan Terms: 6 MonthInterest Rate: 8.00%Repayment Plan...

I recently bought a duplex and will be fixing them up and living in one side while renting the other. From those who have done this before or otherwise have knowledge on the matter, should I hold this property as an i...

Hello,My name is LeoOne of my investor friend has an issue with his rental property (2 story townhome with HOA)What was happened to him and the unit is1) the drain pipe on 2nd floor bathroom was broken2) water leaked ...

Some questions for people who've done deals subject to existing financing.

1. Is there any paperwork involved in taking over the owner's payments? Do you just send in payments with their account # ?

2. I heard that...