I fix and flip mainly in the inner city of Chicago. The positives to this is I get properties for substantially less than in the suburbs, and the pool of buyers is a bit wider. The major drawback is I have to deal wit...
Hello folks!Trying to pick your brains, I'm looking to close on my first rental property in Richmond City later this month. I've gotten two quotes for landlord insurance from my insurance agent who helped us get our c...
Just bought my first BRRRR house in NW Wisconsin and looking for recommendations on insurance providers who will cover the property during the rehab. $30k purchase price, $120k estimated ARV. Got a quote from our cu...
Hello BP,So I own two 4plexes in St Louis, MO are and a townhome in Jacksonville, FL which is also rented out. My current insurance provider for the FL property has dropped my water damage coverage last year (no expla...
One of my rentals was heavily damaged by a fire after Thanksgiving. Looking my insurance policy it mentions that I can opt for settlement under Actual Cash Value vs Replacement Cost. The itemized damage estimate tha...
My lender @Chris Mason called me today to inform me of something incredible:Apparently all the mortgage insurance providers he is aware of are suddenly no longer offering mortgage insurance for super conforming Home P...
I am currently operating my mid-term rental in Hollywood, FL. I did get my first guest, on AirBnb, who booked for 70 nights. While i'm happy, and relieved, I don't want to take my foot off-the-gas, and ensure i'm posi...
I am now looking at shore houses. ie point pleasant or LBI. Anyone have any feedback on what happened to rates down there and what to worry about.I own some rentals in Hoboken and we have flood insurance. I saw m...
If I'm getting ready to move out and rent my property to tenants. How do you advice I proceed with changing from Homeowners insurance to Rental Insurance? Does my mortgage company need to get involved as well? Thanks
As the title says I need help understanding umbrella insurance for my case. I have two properties 1st under my revocable family Trust and second which was my previous primary residence (Under Trust) now moved under an...