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I am purchasing my first short term rental property and am wondering if $500k in personal liability coverage will be enough or if I should go up to $1M? Had an issue with being able to transfer the mortgage to my LLC ...
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Hello,I was hoping to get your opinions on what kind of insurance coverage I should be looking for when dealing with rental properties. Also, if anyone has any insurance companies they would reccomend. Thanks!
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I'm closing on a 74k sq ft (5 warehouses) Class B Industrial facility this week. This is the largest Adaptive Reuse project that I've taken on. Each of the 5 warehouses on this campus will require updates (construct...
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We have a property that needs a new roof. I don't want to use our own money to finance this and the roofing company does not do payment plans with investors.What suggestions do you have to finance the roof? It will be...
I have multiple properties in the Tampa bay and Lakeland area. Most of them bought when the roof was already getting old and some showed in the inspection that the roof is "near lifespan". Some I had patched up a few ...
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On your properties how much do you set aside for repairs??
Wanting to see what everyone does to get an idea.
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Let's say the water heater started leaking and ruins some clothes, or the roof leaks, or their refrigerator goes bad and ruins their food? Should I have to reimburse them? There is nothing in my lease that covers this.
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Hello, I am trying to get quotes for insurance on my first rental property and want to get opinions on what I should get. This information comes from USAA if that matters. I am doing mid-range deductibles (I see...
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What was your January 1, 2016 like? Well let me tell you about mine. At the end of the year I had a little spare cash sitting around but I knew that I needed to get at least 3 houses, maybe four roofed this summer. ...
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Hey everyone I have got a quick newbie question.
So I am currently a renter and a brand new investor trying to get into the business. I don't own any properties, not even my own. However my fiancés grandfather came t...