Jose Ditren
Mandatory Security System for Landlord Insurance?
Hi! I need Landlord insurance for a rental property and we are being told by our agent that we are required to have security system such as ADT because of the fire protection rating in the zip code. They gave us two q...
Tessa Booth
Black Friday Tool Shopping
I’m planning on doing some Black Friday shopping for some tools/gear to use for doing some rehab work. Likely just light cosmetic, fix ups, bath and kitchen remodel, landscaping. What do you guys suggest as must have,...
Dave Ackley
144.6% increase in base housing rent?
Hi, I’m currently active duty in the marine corps and live on-base through a housing contractor called Liberty Military Housing. My current rate is $1,100/month for a 1/1 which I understand is a good rate here in San...
Mike Adams
Financing for a 4-plex with under-market rents
Looking at a 4-plex that has been owned by the same family since the 80s. Market rate rents are around 2k a month per unit. They are currently charging around 860 a month per unit. The asking price is 700k. Any sugges...
Damon Cluck
Insurance on Rental Properties
Who are you using for insurance on your rental properties?
Kyle Godbout
Recommendations for landlord insurance
Hi there.
I am in the process of converting 5 properties over to an LLC and refinancing them with a business loan. They had been insured under my partner and myself. I will have to get new insurance under the LLC and...
Randy Babineau
Can I raise the rents for some units but not all in my fourplex?
I currently own a fourplex and have raised the rents for all units over the last two years of owning the property, but the rents are still below average for the area. If I decide to raise the rents again, are there an...
Cameron Moore
Why Are Insurance Premiums Eating Into Your Cash Flow?
Long post alert! (Worth the read though) I hope that you find the below information useful and I hope that it helps explain what is happening in the insurance world today. It won’t matter what carrier you are with, th...
Alex Fenske
August 2023 Housing Market Update (Chicago Southland Homes)
More records set while certain metrics haven't changed in two years!Supply – record lows, contradicting seasonal norms- There were 26% fewer homes listed this July compared to last, by far the fewest of any July on re...
Thomas J. Budka
Rental Property Insurance Massachusetts
Hi All,I am in the process of purchasing a rental property (3 unit) in Gardner, MA. I called my insurance company, USAA, and they quoted me at 4,300/annually; that is with a 10% discount. Does anyone have any recommen...