[b]Hi, I'm new to the website and have read a number of posts and am in the process of learning about SDIRA's. I'm planning to invest in rental properties through my SDIRA and am curious about liability protection fo...
I am under contract for a duplex in Syracuse, NY, built in 1925 and have received three different insurance quotes; all having significantly different dwelling replacement costs.Purchase Price: $155,000Quote 1 - $292,...
The HVAC condensor unit located in the attic of one of my rental properties had a freon leak which caused the unit to ice over and flood the drop ceiling in one of the bedrooms. I'm looking at a $2000 repair for the c...
I'm waiting on a second quote for property insurance, I close on in a week. It is in zip code 38117 a 3/2 , 1025 sq feet. I am paying $55K, value ~$75-80K, insured replacement value $100K. My quote was $1009/year or $...
Hi,This is my first post to Bigger Pockets. I am on the verge of purchasing a double lot with an abandoned house. The house is of no use, and will have to be demolished. Instead of rebuilding the house, we are plan...
My wife and I are excited as today we have our inspection on our property we look forward to owning and one day renting out or doing a 1031 exchange but before all that we’d like to gain more knowledge on how we trans...
I have my RE wholesale business step up and now I'm wondering do I have to carry business insurance for this particular part of RE. If so what time of insurance is necessary. Thanks in advance...
Hello all,New to the BP community. I'm interested in getting liability only insurance for a soon to be vacant single family home. It's a small, old house, and I plan to tear it down and build something much nicer in...
CONCLUSION: If you've stuck with me this far, I congratulate you! You are committed to learning and self improvement. Here is my basic conclusion to this series: A key take away of all this is work with an insurance...
Hello All - We bought our first Airbnb in November last year. I have 5 other long term rentals, this is my first short term. It is a lake front property on High Rock Lake in Lexington, NC with dock and direct water ac...