I have a property under contract in a rural area of Michigan. The insurance quotes are literally 6x the normal cost of a building of similar size. This is due to the property's proximity to a fire station (7 miles) an...

Hello all!!!I am new to investing and I am reading David Greene’s book Buy, Rehab, Rent, Refinance. In the book he talks about analyzing deals to get practice. I came across a home with fire damage with a good amount ...

Curious about this one-- do you buy insurance prior to the rehab? Don't want my house to burn down and be out the purchase price.

Newbie here, I just bought a SFR in N CA from Fannie Mae. It's a 3 br 2bth as well as addition(2 br right on the patio, attached to the house). Seems to me a lot of REOs in my area are like this. I just want to know i...

This week, one of the huge fires in California is close to my rental properties, which are a few hours' drive from my home. I was visiting my rentals last week; the sky was ugly with smoke, and everything was blankete...

has anyone done any condemned /fire damaged properties, if so do i shy away from those or should i see what happens.... I was so excited on getting my first deal signed up i didn't care what was going on. Now i've had...

Hello, I noticed some fire ants around the property so I called Orkin to check it out. I already am paying them for pest control, but they recommended sealing gaps in the home, installing a plastic barrier, and doing ...

I wanted to share my experience with my first property fire, which shockingly was not a terrible process to navigate through. A little background on the property, we had just purchased a 4-plex off market. Two of the ...

I want to focus this post on issues that have cost me money that were avoidable.#1 Fires, I have lost three homes to fires. Two were caused by humans. I should have insured the homes, sold them, or done something to m...

Hello againFound a $15k duplex that needs almost a total rehab. The walls look fine but I'll look at it tomorrow. The rents around the area go for $500-650 and the other houses in the block go for up to $200k.Any thou...