We are about to close on a rental property in Daly City, CA (just south of San Francisco). $980k, 5-bed / 3-ba, built in 1959. I obtained some insurance quotes and trying to figure out which is the better option. Just...
I just bought 2 houses in Sacramento and they need work. I am planning on starting the work this summer but I just got a notice from Liberty Mutual that they are canceling the policy because of the condition of the pr...
Had a conversation with our insurance provider.1. On another post someone said they use locks with a master key for all customers. This makes you a warehouse and not Selfstorage. You then take on new liability on t...
Currently, we have a commercial policy with State Farm but when our lawyer reviewed it, she recommended we increase our medical liability coverage. Both Air Cover & VRBO provide medical liability up to $1M (and we...
Here are some changes that come down last week:
-Implemented a premium for all mortgages over 80% and below a score of 740. Now you will pay a minimum of 30 basis points more for those you used to think had prestine ...
Hello,I am evaluating turnkey vs. non-turnkey as an out of state investor. As I build out my model for ROI, do turnkey properties typically allow you to set aside a lower percentage CapEx / repair expense each month?...
Site cleaning is consistently understated in rehab construction budgets. Most rehabbers include only enough for initial demolition/cleanout, drywall scrap removal and end of project cleaning. Increasing your construc...
Hi Everyone, I am look for an insurance company or broker that does landlord/liability insurance at ACV in Alabama? The property I am looking to buy is around 3K square feet and I do not want to pay the premium or the...
My partner and I are considering a 9 Unit in a flood zone. Aside from the cost of extra insurance, what can we expect for cost increase on the loan side? Will many banks not touch the property because of the flood zon...
What’s the deal with Opendoor in the Phx market? Seems to have bought a lot at premium price and trying to resell for break even or minimal profits….and they don’t seem to want to negotiate on anything.