Melinda McGuire
1st Buy and Hold - learning as I go
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $25,000
Cash invested: $35,000
Completely gutting and rehabbing/rebuilding. It's certainly a learning opportunity. ...
Mark Forest
Insurance value
Do most of you insure your properties at real cash value or at replacement cost? Do any of you think it is worth the larger premiums to insure at replacement cost? My primary concern has always been liability from l...
Gp G.
Retention Wall repair
Hi All,Happy Monday. I have very limited knowledge relating to construction. This is not specific to my location contractor question but a general question. One waterproofing contractor said the retention wall (wooden...
Parker T.
Insure Rental at Replacement Cost
All,
I'm putting a bid on a foreclosure today at 30k. The insurance company quoted the replacement cost at 160k and with everything else factored in a quote of $94/m. This seems extremely high and doesn't fit...
Cesar Egas
Landlord Insurance in Class C Neighborhood
We have just purchased our first buy and hold. We are in process of completing renovations and will put it up for rent soon. I saw that several others recommend Replacement Cost Coverage vs Actual Cash Value Coverage,...
Alexis Edwards
Deal Analysis - St. Bernard Parish
I am a fairly new wholesaler and I need some help analyzing a deal!This house was severely damaged by Katrina and abandoned ever since. It is located in St. Bernard Parish in a historic district. Currently, it is a 4-...
Matt Merrill
How much is the insurance on your SFH rental?
I would like to compare my insurance company with what others are using, hopefully learn something, and maybe even save some money.I currently have some SFH rentals in 78665. Zillow says they are each worth $230,000,...
Susan O.
Insurance spec questions in Carlifornia - duplex,
Hi we have some rentals in southern California. Rental single houses, duplexes, triplexes, quadsI am planning to overhaul all insurance- I have State Farm and I think they charge a lot but I have nothing to compare f...
Isaiah Cuellar
Wildfire in Texas
Forgive me for asking, I’m sure this may be a sensitive topic but I’m sure this question is on a few people’s minds, but I recently heard about the Texas wildfire and was wondering if there could be any opportunity th...
Mike Bell
Insurance
Property insurance seems to always be one of my biggest expenses. Most of my properties are replacement cost. The agent says the cost to rebuild is this number. Which is so much higher then I would ever be able to sel...