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Results (2027)
Trent Zimmer Why am I even paying for insurance?
16 May 2023 | 6 replies

Building is 100 year old Main Street Mixed-Use Building. I pay about $650/mo for insurance. These buildings can be tough to insure because only a few providers will cover them.  Last night, a tenant overflowed a sink ...

Matthew Cope Insurance Rate Increase by 20%
16 October 2023 | 15 replies

I recently read a local business journal article that predicted insurance was going to go up by approximately 20%. The main reason was under insured properties due to property values continuing to climb along with an ...

Robin Thornton What Is A Good Amount To Have In Reserves?
22 September 2024 | 13 replies

Hello Again Good People of the BP Community.
I just rented out my 1st SFH rental property which I own free and clear.  All major systems have been well maintained.  Other than saving a certain amount from each rent p...

Christian Podedworny 15% Down on high cap property? Yay or Nay ?
12 September 2017 | 2 replies

I am analyzing using higher leverage to acquire more properties and want to put only 15% down. Since I can acquire off market deals with 15-17% cap rates I have no problem paying a premium for high interest rate with ...

Tom NA Opinions on luxury properties
19 October 2006 | 0 replies

Hi all,

As a relative newcomer with more than an ounce of caution and skepticism, I wanted to get some opinions on investing in "luxury" properties. I've been looking to passively invest, using my cash and credit, an...

Rob Jafek What happens if you start at the 'wrong' time?
7 January 2019 | 7 replies

I ran across a great podcast from ICOR with an interview of someone who I think highly of, and respect his experience and insights.  Here's the summary:"What happens when you start investing in real estate right befor...

Dave Thomas Insurance for a short term rental , that is part of my house
4 June 2020 | 3 replies

I have a legal ADU that is part of my house in Seattle. I plan to rent it through a Vacation Rental company. What is the recommendation for insurance to cover both the unit and my house best. I am trying to protect ag...

Ally H. Effective Start Date of Insurance Policies
2 September 2014 | 2 replies

Is it typical for a mortgage lender to require that the insurance policies start way before date of recordation? Our home and hurricane policies start 17 days before the actual date of recordation, so it seems odd to ...

Seth Jacowski Back Up Funds
30 May 2015 | 5 replies

Hi all,I recently bought my first rental about 4 months ago. I think I am ready to buy another one but am curious on what others stance is on reserves. How much cash do you keep in reserves in case of emergency. I don...

Raj G. Should I open some type of LLC or Corp
22 March 2017 | 3 replies

Hi, I just bought a two unit home, I live in one unit and another unit on rent, Me and my wife are in Job on W2, I am also planning for some private lending.Can someone please advice like I have 3 sources of Income 1 ...