I am looking at a potential mobile home park purchase and would love some input on the deal. It has 18 lots sitting on about 3 acres of a 19 acre parcel. Lot rents are $325/month, currently 17 are filled. The sale wou...
Hey Everyone,Quick question I’d love some advice on. Just bought my first rental property and I’m going to form an LLC and move it over to that ownership. The goal is to purchase more properties over the years mainly ...
Hello, fellow BP'ers! I'm new to real estate investing and I've just finalized my LLC here in California. I'm looking to open a bank account for the business and will likely choose a local bank or credit union. I'v...
What is everyone's opinion on getting HW for Rental properties? I know the obvious pro's to it, but what are the cons? Thanks in advance for the insight!
Hi there, I'm purchasing a property in OH that I will not be managing myself. I received an insurance quote that I was hoping to get some feedback on (first time shopping for rental property insurance).I figure there ...
I wanted to ask if anyone has thoughts on fighting to have your FEMA flood insurance lowered. Right now I have a property that is in the AO zone. I was thinking about these 2 strategies right now:
1. Get a quote thou...
Hi BPer,
My 1st investment property will closing in 2 weeks, in last two weeks I was trying to quote the home owner insurance. I have statefarm home and auto insurance, I never claimed anything and thought it would b...
I have some ice dam build up on my roof with a little bit of water damage as well as part of a roof that is sagging because of it. Just wondering if it would be covered by insurance, and if it is, would it otherwise b...
Looking to get a 6 family investment property under an LLC but also considering getting umbrella insurance. Any opintions? Should umbrella insurance be under the name of LLC or the person? Also what is a good amou...
I've been searching for a good insurance company for my rental. So far prices have been surprising to say the least.I saw others saying their policies covering around $150k with $1M liability paying $500ish. Are thes...