Hi, I need help with different type of insurance. I think I heard on a podcast that you can insure only the value of the mortgage for a rental. For example, 1. The building is bought for $200 000. 2. The mortgage is $...
Thank you for BiggerPockets. This is a wonderful forum.
I am taking a job out of state and will purchase a new primary residence with an owner-occupied loan. I am considering turning my current residence into rental...
I own an office building (I used to practice in it but have since sold the practice and the new owner is leasing the building from me) with a NNN lease. I believe my lease says I pay for the roof and parking lot. He ...
Hello everybody.I am getting close to my first purchase, and wonder to know what are the important points in these 3 types of insurance.Thank you in advance, and best regards.
We bought an insurance policy for our property through an insurance broker. We received significant hail damage from the May 9th, 2017 hail storm in Denver, CO. We have been very patient in allowing the process to wor...
How do you like to shield the equity in your property? I have used a HELOC on a property that has 50% equity, but was wondering what other ways landlords have used. I’m not sure that, at this stage in my investing ca...
My tenant is asking me if I have current insurance on the building and if it covers fire, which makes me a little nervous. I'm in the building next to his, so I brought him into the office and showed him the copy I sc...
Hi all,It's been a while since I've been on. I'm starting my 2nd project and I have a contract written and ready to go for a contractor that I've chosen but... I've asked for proof of license, proof of insurance and ...
We are owner financing the sale of one of our rental properties. We would like to require the buyer to have mortgage insurance. Any recommendations or referrals to companies that offer such a product?
any thoughts on home warranties? do you usually just have a contractor/handyman for everything? they say home warranties are a waste of money but they could save you money in the end? I get fixing it before it gets wo...