James W.
Portfolio insurance for a mix of private lending and FNM props
Hi,I have an investment portfolio of duplexes in the Dallas Fort Worth area, and I just recently purchased a property which contains 2 four-plexes in the same area. (Single property, two buildings). I also hold some r...
Neel Shah
water/sewer bill covered by home insurance claim?
Hello everyone,I recently had water damage due to a pipe burst in my rental house. I submitted an insurance claim and it was fully covered by the insurance. About 2 months later, I received my water/sewer bill. It t...
N/A N/A
Tax treatment of insurance claims
Looking for a little advice on this. I have a few sfh rentals. One of them had some significant damage done to it in Feb. of this year. To make a long story short I evicted a tenant and two days later someone kicke...
Yakir Aloni
Floodd zone .........
If I buy house for investment i run the numbers and everything look good but and its a big but... the house on flood zone from 1-10 he at 9 now let me make it clear its not a lake or something close to it city close t...
NIcholas Hamel
Does Velocity Banking work????
Hey everyone ive been hearing about and researching VELOCITY BANKING alot lately. Seems too good to be true. Any of you experts have experience in this field and can confirm or deny? Thanks everyone!Nick
John Underwood
Hurricane Season Prediction
I keep hearing this is predicted to be the most active hurricane season of all time.As if insurance rates weren't already bad enough in Florida and coastal areas.
Shawn S.
Insurance rates in the Kansas City area or where you live
Greetings,
I was wondering what your typical insurance premiums were for the area you live in? In KC I'm looking at 1 percent of the purchase price. I read today the percent should be closer to .5 percent. ...
Nick Frankus
Sub2 refinance concerns
I am looking at my first Sub2 deal and have a question. As long as the title transfers to me at closing and I buy subject to the existing financing, is there any reason a lender would have a problem refinancing th...
Fernando Tello
Split home owner insurance Yea or Nay????
Hello BP community, looking on reading your opinion about the following:Situation: Currently my wife and I finished a deep rehab on our latest duplex in Ft. Lauderdale (Changed roofs, added impact windows, plumbing, t...
Don Spafford
Secondary lien holder foreclosure
Can a secondary lien holder start a foreclosure process? If I were to loan some money to use toward a down payment while a bank finances the rest, so I am a second or junior lien holder, would I be able to foreclose i...