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Hey everyone, does anyone know the regulations for flood insurance in Kansas City Missouri? I'm trying to run the numbers and I am about $200-220 a month cash flow after all expenses including PITI, vacancy rate, mana...
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I've heard stories of investors paying crazy money in Insurance that makes investment properties that much harder to be profitable. Am I making a big deal over nothing? Looking at some properties between Destin and ...
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I have a fourplex that was damaged by fire, thankfully no one was hurt.
For ease of the example, let's assume the following numbers:
Property was purchased for $150k. Insurance check I will get is $80k.
...
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I am a newbie investor and this is my first post. I am a BP member and have been using various tools and information on this site for 3-4 months. I am frustrated trying to get properties to cash flow while using an LL...
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If we purchase a property with a a loan on an individual name and then transfer to LLC. How does the transfer work?The doubts we have are1) There is a due on sale clause or something that doesn't allow the loan to be ...
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I am going to purchase an REO property trough Auction.com. The bank will pay for the closing, but I am unsure who I use to get Title Insurance on the property. Auction.com said I can purchase through the bank's titl...
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when hiring a plumber or hvac guy or electrician I understand a need for them to carry insurance. I want a guy who is licensed, will warranty the work and carry insurance that will protect my property in case he...
What percentage rate of insurance deductible do most of you use. I am currently using 1% deductible and considering using 2% or 3% percent instead.
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What are typical insurance costs for duplexes in Kansas City, MO with a zip code of 64130 for a duplex that is around 24 years old?
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If you are a new investor, make certain that you have a commercial policy specifically for overnight rentals. A standard landlord policy, or homeowners policy, will likely not cover you if you have a claim.
Claims d...