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Hi everyone,I’d like to open this for discussion. Can someone list the benefits/cons of LLC’s and Umbrella Policies? I keep coming across conflicting information and am getting very confused. I am just starting out on...
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Have any of you been required to have Builders Risk Insurance on your rehab loans? If so what were the pro's and cons for you? is there another ins. out there that is comprable in coverage but less expansive?
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Hey everyone!I just got back from touring a colleague of mine's properties and came across an interesting (and expensive) situation he's currently dealing with. I figure it is worth sharing so that this doesn't happen...
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Hey everyone, I recently acquired a duplex that I'm house hacking (renting out top unit, living in bottom). Does anyone have any tips or pointers for things that I should want in my homeowner's coverage?I'm mainly tal...
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Looking to start my journey into investing! I have my eyes on a 2 unit Multifamily unit. We weren't sure if we should go with a conventional mortgage and get an umbrella insurance OR go to commercial loans with higher...
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My question today is the life insurance premium we are contractually obligated to carry tax deductible. Long story short, as part of a land contract we have to carry life insurance equal to or greater then the amount ...
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Hi BP Community! Had a couple questions related to a four unit multifamily in Kingman Park (all two beds, 1 Bath) that I’m closing on in December ‘22. It’s walking distance to many things including a metro (Stadium Ar...
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My tenants live in an 8th floor condo I own. It appears that they used the toilet, it got clogged and began to overflow. It seems that the tenants did not notice the issue and left out of town. A few hours later, the ...
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I am looking into a strip mall that is for sale and am int he process of doing my due diligence. I have placed a call into an insurance agent but I am wondering if there is anything in particular I should be asking. ...
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Im going to buy a primary residence, but I want to AirBnB it during the high season in Phoenix. What are your thoughts of buying the home with a conventional loan under my name, then selling it via sub2 to my holding ...