Here is my situation - I own a 1 BDRM condo in a 10 stories building on 6th floor, the condo is under home owner association (HOA). The apprised price on my unit is app 140k, I'm planning to rent it out in a next mont...
It is getting challenging to get the rent. One of my tenants is not picking up calls or if pickup saying that they don’t have money and making lame excuses and that they are going to talk to their lawyers. I know the...
If you are a new investor, make certain that you have a commercial policy specifically for overnight rentals. A standard landlord policy, or homeowners policy, will likely not cover you if you have a claim.
Claims d...
I'm a licensed Property Manager/Investor in South Carolina. I want my businesses to support my family totally. We figured the cost for insurance using Blue Cross Blue Shield and it's like 15,00 monthly if we let our b...
An older friend died who had a daughter. She had no will and claimed she "signed her house over to Medi-Cal in order to receive benefits. The tax role says it's still in her name. The daughter has not reported the dea...
I've talked to multiple lawyers and I've got the consistent safe answer. Wait until probate is over.... Does anyone know if you can get something under contract during probate? 3 weeks into probate, all assets in moth...
So in my current flip property we have my partners step dad coming in and volunteering his time working on the house with us. Sometimes we are not there and he brings his wife to help or just keep him company. My fath...
Hello BPI have a property in South Carolina with a double wide on it. It is a rental. I’m looking for a good insurance company that insures this type of property. Also was wondering if the insurance covers the home as...
Hi all!I would like to get some advice regarding landlord/tenant responsibilities. Maybe some of you can shed some light on my situation. Thanks in advance!I am a landlord in Chicago and own an apartment unit in the b...
Hello all, new to the boards here, I have a question re my IRA and tax penalty - did a 50K draw (60 day rollover) from my IRA (Traditional) to cover some credit card debt and medical bills and had planned to redeposi...