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So first we bought this 6 unit in New London, everything was going fine until the insurance company did their inspection. Got a letter in the mail of their “recommendations” that are mandatory that I complete. $10k la...
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A few of the properties I've been eyeing recently are 5 and 6 unit setups. Some of these have had all of the units under one roof, and some have consisted of alternative designs (like 2 triplex units on the same lot)...
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Background - there are a couple companies out there who provide special insurance for no security deposit. One is called "Zero Deposit" based in Europe, another is Rhino. In essence, tenants don't pay a security dep...
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Hi club friends,I'm an investor from Portland, OR. Right now I'm crunching numbers for a 5-plex built in 1890. Everything looks promising except that I can't even get an insurance quote for this building. I've contact...
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When you buy a duplex to rent it out, do you have to pay home insurance? Im pretty new and trying to learn as much as i can
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Meth Lab Concerns
My biggest concern these days is discovering a meth lab in an investment property.
The last time I checked, there is no insurance coverage to protect an investor from the costs and loss. It is my u...
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Hi BP,I am moving and try to keep my primary home and rent it out. Can I transfer my primary home into my LLC as an investment property?
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Hi, I opened claim for roof and wind /hail damage and it seems insurance agreed approved the claim. Later when I got the estimate what I found out that they are only going to give replacement cost coz roof is at 10 ye...
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Hello Biggerpockets Community! I am currently under contract to purchase a townhome with owner financing. There is no bank or HUD involved, I am dealing directly with the owner. There is a bit of work that will nee...
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You can make A LOT of money running a Short Term Rental, but we know the horror stories with guests damaging your property is never fun.
When listing your property on VRBO, I highly recommend utilizing their damag...