Hello,
I've been reviewing my business expenses recently and have been exploring different ways to control my monthly expenditures. One area that caught my attention is insurance, specifically the trade-off between d...
Looking for advice on landlord insurance - actual cash value vs replacement cost. I have a single family home rental that I paid $22k for a couple years ago. I have it insured for $24k under an actual cash value polic...
I'm in the middle of purchasing replacement property as part of a 1031 exchange and am trying to get some clarification on allowable closing costs that can be paid by the 1031 proceeds. My 1031 company sent me a list...
Good evening everyone,IIt may sound silly but I need help determining if my first investment property is over-insured. I have a 3/2 SFR I purchased in 6/2014 for $98,500 in Houston. I estimate the property to be wort...
I am hoping someone can provide me with some examples regarding what kind of insurance coverage and business protection (specifically structure LLC, S-corp, C-Corp) I should have for my two townhome rental properties ...
Hello, BP Community!I am close to acquiring my first two SFRs in Alabama, and will be adding one in Indy shortly for a total of three.While this is very exciting indeed, I am now getting overwhelmed with the concept o...
Hello,my rental property was built in 1960.I got the standard lead disclosure form that says seller has 'no knowledge' of lead based hazards in the property. I tried getting umbrella insurance from Geico.Geico is sayi...
I’m trying to understand the best type of insurance for my rentals. They are typical SFR. My provider offers:
- Guaranteed Replacement costs
- Replacement costs
- Functional Replacement costs
- Actual Cash Valu...
Hi guys, I was at an asset protection conference and one of those guru's who tries to sell you a tablet and a "program" was all about index linked overfunded insurance and I liked some of what I heard. The idea being...
We are new to REI. We have 7 doors and haven't had any big unforseen expenses until this week. This week we had a sewer problem with a lateral. It's not directly our problem but the city is going to make us replace...