I plan on house-hacking a 2-4 unit property and the insurance aspect is very confusing to me. What type of insurance is best? I read that replacement cost policy is best because it gives full coverage of the property,...
Based on the numbers a house I am looking at is a great deal. But it is in a flood plain and will require flood insurance.Is buying a house in a floodplain crazy? Should I run away?
Is anyone familiar with using Life insurance to invest in Real estate? I am looking to open a life insurance policy for Infinity banking concept to invest in real estate. I am debating between Whole life or IUL. Which...
Hello fellow BPer'sI am a new investor from CA looking to invest in Indianapolis (also KC/Memphis) and have been shopping around my local banks for property insurance for investors. I am pretty new so I am looking for...
Hi All,
Sorry if I am asking a stupid question but I am new to real estate investment, and I wasn't sure if purchasing insurance for my rental property is highly recommended? It seems like a waste of money. Thanks i...
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...
I got a call from my tenant yesterday that the bay window in our rental unit has been smashed in by vandalism. I submitted a claim to Allstate, and the promptly called me to today to let me know that my landlord's po...
Hello all,Very strongly considering this deal as my first rental. But I want some people's advice here first.It's going to be a rental property. Multi Family Home with 2 units. Each unit has a living room, dining r...
I have recently been learning about infinite banking via whole life insurance loan. Is it a great place to start to get funding for my first deal? Any things I need to watch out for or words of advice for that method?
I'm looking at a single family house that will rent for $550 per month. House is listed at $25,000. 3 bed 1.5 bath 1300 sq. ft.
If I pay the asking price and get a 30 year fixed @ 7% with 20% down, I'm looking at a...