Hi BP pros!I am under contract to purchase a 4-plex that my family will be moving into and house-hacking. So far it's been decently smooth, but then we hit a major insurance snafu. The seller's insurance on the 4-pl...
So currently, I don’t have any properties but I am wanting to go ahead and start either an LLC or a Corp. What is the difference between the two? Would an LLC be better for me since I’m just starting out? And is there...
Hello all,
I’m new to the fix and flip game in south Florida and wanted a few suggestions from seasoned pros. I’ve had some contractors walk away with deposits and never return. What’s your suggestion on how to pay c...
Hello all, still trying to get my first property. I'm looking at a duplex in TX, and trying to do some calculations to see if the price is worth it. Does anyone have a rule of thumb that they use for their calculatio...
What is best practice for correcting details on a recently issued homeowners insurance policy? The property was renovated a few years ago (we purchased in February 23) and the details are incorrect. List of issues:1. ...
hello,Just wondering what the insurance requirements or suggestions would be for a rental property that is owned outright without current property insurance. Is it a requirement to have property insurance in addition ...
here's a dumb question I feel like I should already know the answer to but do I need to purchase Business Insurance if I am going to rehab properties or just insurance for the actual rehab-builders risk, vacant dwelli...
My husband and I are looking at purchasing our first rental property. The property is listed as a single family home with a separate entrance to a mother-in-law apartment in the basement. The seller is planning on p...
Making offers on rehab projects in Chicago. Need to get Builders Insurance/ Property insurance lined up. Anyone have recommendations or advice they can give me on this would be greatly appreciated?
I'm curious if anyone has had a good experience buying a home warranty plan for multifamily properties. I have recently picked up a fourplex and triplex with some deferred maintenance from the previous owners. The ...