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I recently rented my house the tenant pays the rent and forgot to pay the pet fee. I noticed the tenant and told her she has 24hrs to make payment. She acknowledged and I went out of town for business and forget to fo...
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I’m mid-60s and was “retired” two years before I’d planned to. I am getting into real estate investing to generate income for my wife and me. I’ve bought two single family houses (Jackson, MS area) already and am reha...
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My insurance agent had very competitive rates for my first 7 rental properties but nationwide wont do any additional properties. Because I want to continue to grow this business he suggested that I get commercial cove...
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I'm currently receiving quotes to insure a rental property owned by my LLC.Due to the LLC, I'm being quoted as a commercial policyholder, although the home is a single-family residency. Is there any method to avoid t...
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Hey BP’ers!
Has any here ever dealt with this situation before?
I recently purchased two multi-family properties from the same seller in Monroe County, New York closing at different times and funded differently. On...
So here is the scenario. We own 4 properties. The one we live in. I own 2 rental SF homes and my girlfriend owns 1 SF home that we rent. We are looking to form an LLC for any future rental properties. Together we...
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I'm looking at a property that has the front half of the house/yard in the 500yr flood zone and the back half is out of the flood zone. The house is on a crawlspace, and so I really don't think the house itself would ...
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I believe the policies i have are $300,000 of liability. What would compel me to purchase more?Should my personal net worth play into it at all?
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To the experts here,
Perhaps asking for legal advice is inappropriate in this forum but if I could get an off-the-record opinion I would be deeply appreciative.
The scenario is this, if I were to locate a property o...
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I am having trouble finding an insurance company for my first multifamily property. The closing is scheduled for Oct. 31st. The current owner pays $1800 a year and the first quote I received was $6000! I am expecti...