Hello,I own an upper/lower duplex in Milwaukee, WI. I live (well lived) in the lower unit, and rented out the upper unit. BecauseI lived in the home I had a homeowners insurance policy (not a landlord policy). On Chri...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $60,000

Cash invested: $41,000

Sale price: $149,000

We found this house after a terrible fire that destroy much...

Hi fellow BPers, my question is: how should I tune the insurance policy to achieve the balance between policy premium, risk control, and out-of-pocket expenses, and what's the minimum coverage?Context: I am closing a ...

Closing on your first two rental properties today and having questions about the insurance. Our agent is quoting one house with a cash value of 55k and the second with a cash value of 45k. We have 41k in the deal. H...

Hello everyone
I've been visiting my insurance policies and was wonder if anyone has a system for walls in insurance? Is it based on square foot to rebuild and I should insure them based on zillow value. Both condos ...

Hello,I am considering to buy a 1936 home in Denver downtown for $450,000.  This home is mostly surrounded with roof top condominiums each selling for $550k.  The lot size is 4500 sqft. and finished space in home1500 ...

I’m a professional full time home inspector with rental income properties. Haven’t been able to find definitive answers on if I would qualify for real estate professional tax status under my profession. I know this is...

First of all, I’m new to this! I am interested in purchasing a property that was deemed a total loss by insurance due to a fire. The purchase price is fairly inexpensive, but I’m wondering how I would get financing fo...

Are there any Chicago landlords out there familiar with smoke detector code in Illinois/Chicago?  My understanding is that all smoke detectors need to be hardwired near each bedroom.  I just bought a building and, for...

I had a recent walkthrough of a potential duplex investment in San Diego, and it definitely needs work. One of my concerns is the condition of the road leading up to the driveway of the duplex. The asphalt is non-exis...