Kuba Bednarz
Insurance during renovation
Hello BP Community,I am about to close on a single family property that will need a bit of work before it is ready to be rented: foundation, roof, some electrical, cosmetics including drywall, painting, floors etc. It...
Bienes Raices
Combination of LLC and Umbrella Ins., what to do?
This is for a SFH and an LLC that I don't own yet. I've been calling some insurance companies but still don't completely understand this.
I've been told by the insurance companies that I've talked to that the liabil...
Ryan Vienneau
Attention flippers: Need liability advice, conflicting opinions
Looking for some advice from any flippers in New York. I'm planning to do some flips this year for the first time in the Albany NY area, I'm in the process of forming the company right now, meeting with CPA's, lawyer...
John Suralik
Explanation of closing costs?
Can you explain closing costs for different types of real estate deals? I'm sure that they differ from location to location, but what I really want to find out the different costs for different types of deals? 1. Is c...
David Perez
What type of Insurance? Converting home into rental
Hi BPNot sure what types of coverages I should have on my insurance.I am converting my primary residence to a rental in Florida.Thanks!
Beau Ordemann
DP-3 Insurance Policies
I've recently entered the commercial lending realm for properties 10+ and am new to the LLC space. The commercial lender I'm planning on working with said they require DP-3 insurance policy. Does anyone have good rec...
Mansoor Fazel
Anyone need help with the Insurance?
Hi Everyone ! I am a fellow investor, and BP member. As a 9-5 I work for Insurance Sales, so if anyone in CA ( California ) needs help with their insurance, I would be happy to lend a helping hand. Message me with th...
Bukka Levy
How much should I expect to pay for rental insurance?
I’ve seen others post the expect to pay around $500 for an annual policy. Is $500 a reasonable benchmark or is there a percentage of cost/value that I should be using?I’m about to close on my first out of state rental...
Sean Dieden
Purchasing HUD home cash and Title Insurance
I am currently under contract for a HUD property that I am paying cash for and set to close at the end of the month. I have a couple of questions about title insurance and costs. I know that HUD doesn't provide...
Jake Baker
My BRRRR Horror Story! What could I have done differently?
I wanted to share a horrible BRRRR experience with a property in Jacksonville, FL. What started as a promising BRRRR ended with us making the tough decision to sell at a loss after an unexpected disaster.
The Numbers...