I am looking to protect my assets (undeveloped land, primary residence, investment accounts) as I build my rental properties up. I can’t put the rental in an LLC as it’s already under loan backed by Fannie May.
I tho...
Hi BP,I just purchased a new 4-unit property which has a duplex and 2 single homes. My insruance will not insure the buildings together they will insure them if they are separate insurance. Do you have any ideas?Than...
Small job. Asked for proof of insurance. It was like pulling teeth asking for this. He finally sends me an expired policy. I say hey it looks expired. At this point im assuming hes uninsured. He says no thats the sta...
We are fairly new to this and have a very qualified family with pit bull mix that wants to rent our house. How do you handle renting to people who have dogs that are classified as "aggressive breeds"? Does the renters...
Just checking my yearly expenses as they are higher than I estimated. Turns out real estate taxes for one property are 16%!!! higher than just last year, several others up over 7% from last year, largest yearly incre...
We are looking at a property in Santa Rosa County, that is in a high risk flood zone and being sold by auction. I can't find any info about a elevation certificate so I can estimate that cost. Any suggestions?
In Dayton Ohio. I have 2 rentals combined value is approx 70K . Insurance is currentlyreplacement cost of 259600.00 with 1000K ded on each. Currently being billed for 1571.00 annually for both properties. I am being a...
Hi everyone, my name is Zack and this is my first post here. Big fan of the BP podcast and I am an early stage RE investor. The strategy for my wife and I is to buy and hold (rent), and our first home has been a house...
Hi All! I’m in the process of closing on a property in NJ which is being sold by another investor who got it through a tax lien foreclosure. During the process I recently learned that the title company working on my c...
After flooding rains in GA, an unfinished basement flooded. The tenant wants me to pay for her damages after basement flooding.
Insurance doesn't cover it. My lease states I'm not liable. Her claimed damages inc...