You could have your insurance cancelled but more likely you're going to see a rate increase.

When I spoke with BFI on the phone earlier this year, it seemed like they were concerned with licensees engaging in unsupervised activities like private and commercial lending.

However, I’m actively managing my investment, taking on risk, and improving the property, which has significantly increased its value.

Mobile homes can sometimes be more expensive to insure, so it’s good to shop around for quotes.Resale Value: If you ever decide to sell the mobile home, understand that its value might not increase over time.

Increasingly it’s the inexperienced investors who are making these decisions, often on their first investment.

Personally, I’ve been exploring opportunities where growth patterns and infrastructure expansion hint at future value increases.

These areas have more affordable properties compared to Boston and are showing signs of growth, especially with infrastructure and job opportunities increasing.

It would actually be a net PROFIT given the huge increase to tax revenues. 

The shorter the prepayment term has an impact on increasing the rate.4.

@Jake Faris Contributions for development and remodeling will be capitalized, increasing the property’s basis and reducing taxable gains upon sale, These costs are not immediately deductible.