I have a shot at purchasing a property that is partly in a flood zone and has a creek running through the property. I am waiting on my insurance agent to respond but I'm trying to get an idea of the liability of this...
Hi, everyone! As I've gotten more and more experience in this world, friends and family have asked me how they can work with me. Many have money, but not the time or desire to do this on their own. As such, they've as...
I have an unusual question about the Homeowners Insurance required when you get a mortgage. Do the requirements vary by lender, and if so, is the difference significant enough that I should factor that in when shoppin...
Hi, I was wondering if you need a house insurance for flipping houses.Thanks
Hello,
I’m new to this site. I’m thinking of renting my older home as an investment in the future. Does anyone know of reasonably priced, and easy to obtain landlord insurance. Never done this but can someone explain...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $300,000
Cash invested: $65,000
Used a 15% conventional investor loan and turned a SFH (single family home) into an...
A month ago in October, my quadplex in Atlanta, GA experienced some water flooding issues during tenant move out with significant damage to two units and minor damage to the third unit.The property manager was unable ...
Hello, Some websites for buying and selling houses has a section "Climate Risk" indicates "Flood Risk" with
rating of 6/10. All neighboring houses around this house have a rating
of 1/10. Is this number authenti...
I understand that a typical rental analysis takes the monthly rental amount, sets aside 5% for vacancies, estimates 50% for expenses, and then makes sure the remaining 45% pays debt service and leaves a profit.But I'v...
Hello team!Wondering if anyone hear has lost a building to a fire. My six unit building has been totally destroyed by a fire. I am about to jump on the phone with the insurance company. Anyone have experience with thi...