Hi,Wanted to get feed back on my situation. My rental property caught fire Aug 31 in Kentucky, it is a total loss. It was vacant and no one was hurt. The problem I am having is that my lender is making me pay off the ...
Hi everyone ! Out of state / out of country investor here... I have (had ?) a rental property in Toledo, one month ago a fire broke out in the house's first floor, tenants been evacuated and house boarded up. The insu...
Hey all-
Currently have my first deal under contract. It was taxed at $65,000, but purchased for $25,000. It is currently tenant occupied, and will be until June 2014.
I spoke with some insurance guys t...
On September 28th, my vacation rental, which was set to bring in over 100k this year was flooded with 7.5 feet of water. It's currently gutted and we are just waiting, waiting, waiting on insurance. There's this FEM...
Not sure if this is where to post this. My grandparent house burned down too, and not sure about my parents house. Everyone is ok and that's the main thing. I was just watching the news (I'm in NYC) and saw my cond...
HelloTrying to understand how much dwelling coverage i should carry on my insurance for my 4 plex. if a calamity happens and i have to build the property from scratch again, how much would it cost me $ per sqft.
Hi everyone, my property is in NJ and recently received violations for a garage that has 3 beams and three concrete walls. The inspector said knock it down or rebuild it. I was thinking of making it into a car port. I...
On January 15th my tenant with a (double lung transplant) decided to smoke in bed leading to burning my entire 4 unit building making it uninhabitable. I have insurance and have secured a public adjuster. the home sti...
Hi all,I have an old 1962 house in Austin, TX that has been used as rental for the past 2.5 years. This was originally my primary residence and I am trying to get advice on how I might be able to rebuild a new propert...
Ok here is the deal!
Bought a dilapidated mobile home with a 720 square foot addition on a slab foundation for $4K. I knew when purchasing I would have to rebuild the mobile home. However, after further inspection I ...