Hey guys! Just learned about BP from the ChoosFI crowd and am super excited to dig into this. My wife will be active duty AF in 2020 and we will potentially be living in the Chesapeake/Norfolk, VA area. We'd like to u...
I am getting quotes for a 4-unit apartment building. I know the DP (dwelling protection) insurance policies are standard landlord insurance but my agent tells me I can also get a Businessowner policy to cover the prop...
I am under contract for a duplex in Syracuse, NY, built in 1925 and have received three different insurance quotes; all having significantly different dwelling replacement costs.Purchase Price: $155,000Quote 1 - $292,...
Does anyone have experience with the ADU program offered in Boston? I am looking into a basement conversion for a recently bought single family. Looking for advice in regards to planning, design, financing (Boston off...
I am currently under contract on two dwellings on the same lot, both have been used for short term rentals. I received my appraisal back, and the appraiser didn’t consider the second dwelling (studio, no kitchen but b...
Hi Everyone!I have recently been approved for a USDA 502 direct loan and am hoping to find a home that is somewhat of a fixer upper. I'm curious as to what the exact dwelling qualifications are. USDA regulation §3550....
There are several 2 unit dwellings in my city. Most are between 70 and 100 thousand. Has anyone found success, paying this much for two unit dwellings? I guess the ROI would determine if it is a good investment.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $170,000
Cash invested: $25,000
Build a house on my property below my primary residence to rent. Build cost is arou...
I am considering a serious run at a foreclosure in a desirable area. When doing my due diligence, I saw that the unit is a designated Affordable Dwelling Unit; however, the 15-year control period has expired. My under...
Hello BP folks! Can anyone recommend a good agent for a dwelling or landlord policy for a single family home rental in Indiana? I need one where a property manager can be listed as an additional insured or co-insured...