Shahbaz Yousaf
Advice for LLC and Umbrella policy
I have 4 rental properties. I have umbrella insurance by Geico. The properties and umbrella insurance are on my name. I was advised to create LLC for asset protection. My question is: do I need to transfer my propert...
JJ Rahnamoon
Starting a Mortgage and Title company
I am aggressively searching for a consultant to help start a Mortgage and Title insurance company in South Carolina. Please hook a brother up!
Sean Randall
Tenant leaves stove on fire dept called
A tenant of mine in a multi family building left his stove on and then left for the evenIng. It burned a pot and set off the smoke alarms. Fire department was called and they broke down his door. Who is responsible ...
Larry Tran
50% premium increase in Olympia, Washington
Hello everyone,We have a small rental (2 beds, 1 bath 1000 sqft craftman bugalow) in downtown Olympia, WA. My insurance will be renewed Nov 1, 2023. Safeco is the current insurance company and they gave us a new renew...
Julez Seino
Aspiring Real Estate Investor Just Starting Out
Hey everyone, I'm very excited to start this journey in real estate investing. The 1st thing I know I have to do is get the funds. I'm shopping around for a Life Insurance policy to take out a loan against the policy ...
Jennifer Cropper
Homeowners payout and contractor
I have water damage to my home and my homeowners insurance was involved immediately. I used a mitigation company with a good reputation I chose and the insurance company accepted. Their remodeling arm put in an estima...
Ethan Clay Lesperance
Turning a primary residence into an airbnb.
I recently moved to a home i was going to flip but decided to keep and make it my primary. I have a conventional 30 year loan on the old house(lived there for 2+ years) and private loan on the new one for now. Anyway,...
Samuel DeMass
Flood insurance on a rental property, how to find info and gotcha's.
Hello BP world!Please allow me to tap into your collective knowledge, once again.I'm looking at buying a property. I'm doing the math to see if the deal is viable and I need to get a number for how much flood insuran...
Ed Hoffman
Using a Quick Claim Deed or Warranty Deed to Transfer property from Personal to LLC
I was told that if you purchase a property using a conventional loan (mortgage in your name), that within a month or so after you purchase the property, you can use a Quick Claim Deed or Warranty Deed to transfer the ...
Karen S.
Tenants should pay for damage, right?
Late last night I received a call from one of my tenants telling me that one of the other units had a fire in their apartment (this is a 4-plex) 2 days ago. She said there was an explosion and she didn't know what...