My friend is considering purchasing a vacation property at the beach and renting it out. A main concern is if the town gets destroyed by a storm yet somehow the houses are still rentable and you cannot get an insuranc...
Hello all,
I'm looking for advice on which insurance policies I need for my flips and which policies should fall onto my general contractor. On my past flips, I have done a builder's risk policy (very expensive) and ...
How much does landlord insurance generally cost? I read in “hold: buy and hold investing” by Linda mckissack that generally insurance is 0.5% of fair market value. I called Geico and progressive and they both are qu...
Hey everyone! Quick questions that I am hoping someone with experience in owner financing can answer. I am seeking owner financing on a single-family deal near me. The seller is up for it, but the mortgage does have a...
I have a lead, but I am going through my options and I am not sure if there is a potential deal here. This will be my third deal, so I am not very experienced and would like to hear from you. Please let me know if m...
I have a single family home in Indy. I need to get a landlord insurance policy. The company I had just got sold and the new coverage is not ideal.
Who do you use? What coverage do you suggest? What rate can I expe...
Good morning and happy Monday BP!I'm shopping around for insurance on my first potential investment property (small multi fam). What are some must haves or requirements for your policies on your rental properties? Al...
Hello everyone!After a few years of sitting on the sideline with regard to investing in real estate, I think I'm finally ready to get this show on the road. I've decided, starting off, that I'd like to try renting ap...
Hey guys - I was trying to get a genral rule of thumb on operating expenses for a rental property. I know it would vary by location but I would like to hear what are the %’s for you guys. Currently out of the total gr...
I just found out from my mortgage folks that I have the option to not escrow taxes and insurance on my upcoming investment property purchase. I’ve never been given this option before and always assumed you had to esc...