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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...
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I have been listening and reading about this “infinity banking concept” and found it really interesting. Anybody currently using this? Pros and cons?
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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. ...
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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...
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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 ...
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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...
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Two weeks ago, we've got a call from one of our tenants about gas leaking outside our property. We immediately called the service, they came and fixed the problem, and since there was not signs of gas leaking insid...
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Hey All,
I need some advice. I manage my only rental. My tenant texted to let me know there was a domestic disturbance and her boyfriend destroyed the house. Not sure the extent but f the damage yet but the few th...