I am in the process of purchasing a rental property and my insurance broker came back and said that multiple insurance carriers denied the application because the property is classified as an "Ineligible Risk" we were...
I'm under contract for my first multi-unit property in the Metro Denver area. It's a 9 unit building, and the process is going well so far. The building is older (1940's), but with a mix of newly updated units and s...
How can I transfer my existing rental into a legal entity (like LLC). Appreciate any referrals to accounting or legal firms specializing in investment properties in Arizona. Thank you
I own several properties primarily for short term renting in different cities (San Antonio, Tampa, Pittsburgh). They are all in my personal name (deed and mortgage) however I have an LLC that I do business with and fi...
Is it bad idea to invest in properties in Houston due to hurricanes and the high chance of flooding? How much would the insurance be? How much can you lose if your home gets flooded? Is the ROI significantly lower and...
Hey Everyone! Looking for some guidance as I am closing on my first investment property in RI that I'll be housing hacking. All units currently occupied, on month to month that haven't had paperwork since about 2017,...
I have a contractor who claims some wire and can lights were "stolen". The cans had been sitting in the garage for weeks and he called me today to tell me 8 are gone and 2 are remaining as well as 2 rolls of wire. The...
What recommendations do you have for insurance on a triplex that's paid off in Miami, FL? As you know the rates in Florida are out of control. Some people have opted for no insurance while others have opted for fire p...
Looking for any advice/ knowledge people have about capital expenditure policy's. I bought my first rental and I am currently housing hacking. I made the rookie mistake if waiting until tax season to get tax advice an...
ive been with Travelers for several years on one of my rentals. Obviously with this insane inflation things have gotten very expensive. my insurance went from $1200 to $2400 to $3800 in 3 years.
Doing a shop this w...