I've heard in other forums from single family investors in Houston get flood insurance regardless of whether the property is within or outside the 500 year flood plane. I received a quote today for flood insurance on ...

Hi all,I am closing on my first investment property in Bedford, Ohio. I've received a quote for property insurance through Foremost and would like to know if this is a good deal. Any advice is much appreciated!dwellin...

Just wondering if anyone else keeps home warranties on their rental properties in order to keep repair cost to a minimum. Between appliances going out, minor plumbing issues, etc; paying a monthly premium and a $75 de...

I evaluate taxes, service fees, maintenance costs and other expenses to ensure that the property is profitable.
Which ones do you take into account?

Hi All,I'm getting ready to close on my first rehab home in about two weeks and I just found out that most companies will not issue policies for vacant homes.  I read that Farmers Insurance Co. offers protection, as w...

I've been with NREIG for about 5 years now.  Over the past 12 months, I've noticed a considerable decline in service - most notably billing errors and other confusion with respect to my account.  They even accidentall...

Hello BP,I'm in the process of negotiating a deal on my first 4-Plex, and while I run the numbers almost daily now, I am trying to see if there are lanes where I could be hurting cash flow. Particularly in the Homeown...

So first, I'm new; keep that in mind.Started direct mail marketing 2 months ago and have sifted out a couple leads and saw a couple houses.  As of yesterday, I was about to get my first contract signed.  I have negoti...

Quick background: I own all my units in cash and plan to refinance once COVID-19 blows over
I
currently have a policy on each property the pays out on an Actual Cash
Value basis. Coverage limit is based off of th...

Hello BP, i'm relatively new and just starting to build some momentum with two cash flowing SFH rentals. I just got notice that after escrow analysis, the payments on each of my properties will be increasing by about ...