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I've found an REO that looks promising. But I found out it's in flood zone AE. I was told that it would cost me $300-$600/year for flood insurance, so let's say that's an extra $50/month,
Would you still pursue this...
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hi all,I'm on the cusp of buying my first ever property and it will be an owner occupied duplex. I'm trying to navigate the maze of tax deductions and was hoping to get clarification/confirmation on a few things:I can...
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Hi Everyone,Is is standard to get insurance for a house you are about to rehab? If so, what are some companies to choose from?Mitch
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Purchased 8 plex that was vacant. Put insurance on it and started painting in some units and showing units. Within a week we had a major snow storm and water line froze and broke. Insurance company denied claim due...
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Purchased a home through auction last week and now need to get Insurance on the home while I rehab and list the house. Do I just call any insurance company and get home owners insurance as my own home or???
Please help.
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Having a hard time making the decision on putting a new STR into an LLC or just getting an Umbrella policy. In NC it costs about $450 a year in fees for the LLC (Annual Report and Franchise Fee). I currently pay a C...
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Hi Everyone!First BP post :)My partner and I are forming a business focused on STR arbitrage (not cohosting). We were wondering what kind of insurance we should consider getting since we won't own these properties?W...
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for sfr duplex and quadplex?
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Working on renewing our insurance and because we have a lease of less than 12 months, (most are 60-90 days and are often renewed into longer terms once they establish themselves here) our rentals are considered short ...
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I bought a duplex a year and a half ago. Bought a SFH in December. Put everything on one policy. My SFH needs some work done to it so it is vacant. When insurance company investigated and found it vacant, they wanted ...