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I’m in Florida and have a 17 year old roof, so my premium just went way up on my insurance. One of my neighbors just got a new roof put on, it turns out we had a hail storm last year and his roof was covered by insura...
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Our property started out in very rough condition (no running water, HUD home, some knob and tube wiring.) We are switching from a Vacant and Renovation policy for the last four months to a Fire Dwelling policy. Does...
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I am selling my home on a BFT. What to do about insurance? I have a mortgage so cannot let buyers insure in their name or it could flag the due on sale clause. I've talked with several insurance companies and they...
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When I drove by one of my rentals, I found out trampoline in the back yard. What is the best way to deal with? We did not specify regarding trampoline in the contract, however we have clause "House furniture, cloth fu...
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(Posted this earlier in a different section but I think it's more appropriate here.)Okay, here's my newbie question - I plan to purchase vacant land from owners that are out of state and tax delinquent. Since these ow...
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So I just purchased a house with an older roof in Florida where a 4PT inspection is required. The 4PT verified the roof was acceptable with 5 years estimated life left. I had to go off the standard market to get insur...
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We are closing on our first vacation rental property in Destin FL in a couple of weeks. I feel so ignorant about everything we still need to learn! I am seeking out insurance companies for the property. I have a list ...
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Hello, I am currently submitting all my paperwork for a new hard money loan through my LLC (for a single family BRRRR in Philadelphia). I am adding a half bath to the first floor, so my lender has mandated that I get ...
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Thanks for any advice!!Very excited to be purchasing my first SFR!, finally got over the analysis hurdle. Currently my atty has two LLCs in parallel one designed to be a holding company for the property and the secon...
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Many people are aware of a 1031 exchange, however if they are looking to exit their active real estate portfolio, it’s not always the solution they are looking for. If you are wanting to sell your real estate property...