In negotiations to buy a really ugly and really cheap house. It honestly looks like it should be demolished. Foundation shifting, roof repairs needed, walls and floors have big holes. I’ve heard that demolishing a hom...

Hi BP,I am purchasing my first rental home in Madison Heights, MI and was hoping to gain some knowledge on insurance policies.The purchase price of the house is 115K and I will owe 75% (86K) to the mortgage company. T...

We were just on the phone with our insurance company and discovered that they had many of the property characteristics wrong on a house that we own. The result is that we will likely need to pay a few extra hundred do...

I am not too sure what category to place this so my apologies if in wrong section. During my cancer battle I have met many warriors and their caregivers and for some, medical costs have taken high tolls om them in var...

Hello, I am looking for ways to sell a totally fire-damaged property in a C class area. I have reached out to a couple investors who specialize in fire damaged homes and I’m seeking advice to further expand my reach a...

Hi all,I'm closing on triplex here in the next couple of weeks (yay!) and went to my regular insurance guy to grab a quote/binder. My lender red flagged it for me when the binder came in as the coverage was for a litt...

Hello everyone,  I am trying to flip 2 houses this year, buying with hard money loan, completely renovating/rebuilding and selling it. My question for bigger pocket community is . What entity be best for this purpose,...

One of my wholesaler friends approached me last week to go half with him on Ernest money for a house that is in one of the most sought after areas in Atlanta. This will be a tear-down and rebuild in an area with 5 re...

I am comparing a few quotes for rental properties Insurance. These are single family housing. Does anyone get these add-ons?Building Ordinance

Reversal of Sewer/DrainsCourse of ConstructionFreezingMoldThanks for an...

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