Flood insurance is a major issue given the weather conditions the eastern seaboard has seen in the last few years. Many expect it will continue to be an issue with climate change. I am sure many of you are seeing rate...
We live in Denver, but are interested in starting with a small 4 plex on the Gulf Coast of Mississippi. Has anyone done this? Does anyone have a good agent, contractor, inspector or property manager in that area? An...
Forst off I am a HUGE rookie. I have been searching for a turnkey duplex for a while that needs little maintenance but will cash flow pretty decent.(First property and we have limited time to purchase and are tired of...
I have a story with flood insurance that I wanted to share as I thought it may help someone out there.
A couple years ago I was in escrow on a 4-plex and the bank doing my loan said I needed flood insurance s...
Hello everyone and thank you in advance for any advice you can give on my current situation. Long story short I have a rental property in IL when I run the numbers for it I am getting a 73% COC return buuuuuuuut there...
I’m looking at a flip that’s located in flood zone AE. I’ll be doing it with a fix and flip loan and plan to be out of it in about 3 months. Do I need to buy flood insurance on it?
Hi All, just read this article about water resources being depleted for Las Vegas.
https://www.smithsonianmag.com/smart-news/hoover-dams-lake-mead-hits-lowest-water-level-1930s-180978022/
Declining water levels ha...
I was told today that my rental property had some water seeping through the basement due to torrential rain. The water boilers are suspect right now and may need to be replaced. If I were to replace the boilers and fi...
Thinking about buying an apartment to rent out in the Hudson River area of NJ (Hoboken, JC, Edgewater, Weehawken). Has anyone here decided against buying something because concern about long term climate change (speci...
Hello, I'm planning on buying a house in New Hampshire or Vermont. If you own in the New England area, what other damage coverage do you cover for besides flood damage? What do you pay for your insurance annually?