I am in Richmond and Hampton Roads va. Does anyone know how to get economical insurance for your flips? i know the insurer doesn't like vacant properties but rates are way too high. Thanks!
We are just starting down the RE path and have a ton of questions. Before I can find the answer I have thought of 3 other questions I need answers to. Just trying to avoid any massive mistakes that would sour this buy...
I’m currently brrring a property for the first time. My first order of business is to replace the roof as insurance is requiring me to do it to maintain coverage. I went ahead and got 4 quotes, chose the guy who gave ...
Long post alert! (Worth the read though) I hope that you find the below information useful and I hope that it helps explain what is happening in the insurance world today. It won’t matter what carrier you are with, th...
Do some investors go without Texas Windstorm Roof Insurance on a small, 1 story house (1100sq ft)?Is this a sound strategy? It's almost $1000/yr with 2% deductible ($4k) with $200k value. A new roof is about $7-8K.
We bought 3 duplexes earlier this year, and I've just had my first tenant move out. After multiple visits by pest control to treat for roaches, (another story) it's time to paint. Do y'all have a favorite, go-to brand...
We just completed our first out of state rehab which just rented. Heres a extensive summary:Who: Wife was the "boots on the ground" while Hubby was working overseas and gave decision making and contractor support.What...
Hello everyone, So a few days ago I found a small hole near my sewer lines in the basement where water was gushing out. I called a plumber and City PWD for inspection since I didn't want bigger problems (enlarged hole...
Hello,I have a relatively complicated situation (this is my first property) that I am looking for some guidance on - any guidance you can offer would be much appreciated!The situation:- I am under contract at $265K f...
Hi all,a little off-topic but I think it is an important matter.So, the bank asks you to have Life Insurance to protect itself. It can be either your own or you can pay extra for your monthly mortgage payments.I happe...