Hi all - I just bought a house outside Indianapolis, and paid 1 year's insurance up front - but since the rehab took longer than expected, the insurance company is now dropping the insurance. I basically need a few we...
We are taking on a client that has had a standard landlord policy on their rental. We required them to buy an overnight rental policy before we could assume management.Self managers, it is really important that you h...
Hey BP community,Wanted to share my current House Hack situation plus gain input from the community on thoughts on how you would proceed given the situation below --
Background:
Purchased a legal 2 Flat with 3 uni...
I have a fixer-upper that I own outright. I’m 80% finished on the rehab. I need cash to carry me to the finish line. A cash-out equity loan of $75000 with no pre-payment penalty would be perfect. A hard money lend...
Hello all, I purchased a property in the KC, MO area and have spent the last 10 months remodeling it. The property is almost finished and the interior has a full modern look with brand new paint, flooring, carpet, bat...
Hey BP community!
New investor here. I'm diving into the multi-family real estate game in Florida and could use some guidance.
I'm looking to make strategic investments in multi-family homes in Florida, particular...
So I have Travelers insurance and my rental loss was denied as insurance was under my name while the lease was under LLC. Well my insurance does mention additional interest as LLC. Travelers is just denying claims rig...
I'm getting ready to close soon but I need some assistance on how the insurance works. I saw Grant Kemp say that the new buyer goes down as "insured" and seller goes down as "additional insured." What happens to the i...
Stop me if you heard this before: my insurance rates on one of properties has jumped up ~40% YoY! Looking for recommendations on a good insurance broker in CO, ideally in the Colorado Springs/Castle Rock markets. Than...
The insurance I currently have on my rental has the 'NAMED INSURED' listed as the Property Manager and then my name is listed as an 'ADDITIONAL INSURED'.When I questioned this, the explanation was so the property mana...