Hey BP family,
I’m currently house hacking my home in Walnut Creek, CA and have standard insurance that doesn’t cover liability in the event that something happens to my tenants. I live in the attached ADU while a co...
Hello BP!
After a few years of house hacking, I am now gearing up to purchase an out of state (multifamily) investment property (sole proprietor at this stage).Apart from insurance to cover property damage, I plan to...
Hey guys,
I am contemplating buying a second home to use for my family as well as a vacation rental property. Ideally the property would be a multi unit located in Ventnor, NJ.
The only way I would be willing to do ...
Hi ALL!I've always been interested in real estate but never thought it was something that I could build wealth with. My wife and I were always on the wrong side of the deal so we shied away from it. Recently I decided...
My name is Paul and I own a sole proprietorship LLC which we will call "Gold" for this discussion. It is a pass through entity on taxes, and I am the sole member.How important is it whose name is on the insurance? Fo...
Hi all! I'm new to the forum and still learning in the investor side.
I wanted to ask a question on buying properties. Mostly, I think I know the answer, but I'm having a hard time convincing my wife. I just sold ...
Buying my first single family rental property in NJ ...I got a quote for property insurance which is $800 annual premium, with a $2500 deductible. This is for coverage on a $120,000 house with $1,000,000 in liability....
I tried this question in "Property Insurance Questions & Discussions" but don't think that category gets as much traffic sorry for the duplicate post but hoping for feedback.Closing on a SFR Friday and in the proc...
We have always taken a non refundable pet fee, varying between 200-300 bucks. But I've talked to fellow landlords in the area and they mostly add additional rent for pets, between 25-50 bucks a month. Which do you ...
I've read a lot of the discussions about this topic, and still feel the need to know the following. Cut and Dry.Do I need ACV or RCV?Do I have coverage up to my loan amount or up to my ARV?Do I need builders risk AND ...