Hi BP. I'm analyzing a few properties for my first investment property purchase, which I plan on renting out to my brother and a few of his friends in a college town. I asked my homeowners insurance carrier for a qu...
This house that I am buying has several stains on the dry wall ceiling. They are light brown almost like coffee. Is this signs of roof leakage, and if it is how easy is this to fix?
Hi BP -
If there is black mold in a house that you bought, how is this typically handled when flipping or BRRRRing? What happens if your contractor finds it, covers it up without telling you, and then the tenant f...
Getting ready to close on my first BRRRR and I am working on getting insurance quotes. My mortgage broker had a requirement for rental reimbursement rider. I had planned to have vacant property insurance since I wil...
My experience consists primarily of residential multifamily properties (owned, managed, sold a 24-unit building). I've decided, at least for now in my market, to focus on commercial office/medical/service investment p...
After reading this forum, I started to wonder if I have a good insurance on my property.It's a duplex that was built in 1944, 2 bedrooms 1 bath per side. I live on one side and rent out the other side and this is my i...
Hi Fellows,
i have a new tenant, she works for adult care facility. From day one she is trying to trying to make up things to get free rent by giving empty threats. Following is sequence of events:
1. Tenant moved i...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Tucson.
Purchase price: $490,000
Cash invested: $40,000
4-plex consists of four 2 bed/1 bath units.
- Two are one story, a...
Does any have any recommendations for Landlord Insurance? I got a quote for property and I think its pretty high but I'm not sure how this compares to other polices. The rebuild value is 191,000, deductible $5,000,lia...
I have a potential house that I'm very interested in investing in. I want to house hack it, and live in the basement while the renters would live upstairs. I've done something similar before with friends (they lived...