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I just received my Foremost insurance policy for our STR Lake house.We have replacement cost insurance, but the amount seems low in today's costs to rebuild. Our Lake lot is a good chunk of the value but still I wonde...
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Hi all,
I own 4 properties all in an LLC. I have a $2,000,000 umbrella property for all these properties. One of the properties I bought for cash. I am trying to do a cash-out refinance for that property. All the...
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Excuse the rant:This is the second time air bnb had screwed me on damages. First time my place was trashed by some festival goers (puke and urin on beds, beer everywhere) and my maid cleaned up and disposed of the tra...
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I have 8 rental properties with Liberty Mutual. I also have my home, three auto's and an umbrella policy. All of my properties are in Pullman, Washington. I began with them about 3-4 years ago. Every year my pol...
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Hi everyone, I've been lurking for some time but decided it's time to get some feedback. I purchased a home in October of 2015, and home is located in an HOA community. First time home buyer. after the first few month...
We have 15-20 properties at any given time and looking for something different than NREIG. Please drop any names of real estate insurance companies’ you guys use. I am having zero luck on google. We are based out of A...
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A tenant claims extreme wind blew open the front door of our rental, causing it to split down the center. There was extreme wind at that time but it seems like the door slammed shut instead of being blown open. An ...
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If you bought an REO property (to be used as a rental) that needed substantial repairs and the market value is higher than what you paid for it, how do you determine the basis for federal taxes?
I have been told vari...
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Hi, I have a few rental properties in my LLC name, however, I looked them up on the county website and it has my primary address for the LLC. This is correct but what do you all recommend for protection as far as th...
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My husband's W-2 income is projected to be more then 150k. I've heard that it's not possible to take passive loss in that case. I am not employed currently and heard I can qualify as RE professional if certain amount...