Is it true that Lloyd's of London won't do flood insurance for buildings with more than 2 units?   I'm looking at a 4plex and my insurance broker said it was not doable and a regular policy would be $2700/ year which ...

So I had a pipe burst inside of a wall in my rental causing a good amount of flooding. The water is currently turned off while I am waiting for insurance to come and do the inspection. Everything has been cleaned up a...

Hello BP! I'm in need of some advice. My husband and I are purchasing a home in the Houston area. The property has 4 units total: one main house (will be our primary residence), a converted garage (upstairs and downst...

Context: I'm new to BP and new investor looking to get my first multi-family as a house hack.I want to get some insight from others on the following situation.Ultimately should this situation be considered a deal brea...

I know those are for larger expenses for example for a new roof or a broken pipe. However insurance covers both of those things.

I own a single family rental property in Houston that was ravaged by Hurricane Harvey. I bought the home from Memphis Invest in the summer of 2015. They have been very helpful with information and updates through this...

I've got an opportunity to pick up a property for just below appraisal. It lies in the FEMA flood plain. It could possibly work as a flip but am consented about being able to sell it. Could get into it cheap for a buy...

We have found a potential investment property but it's in a floodplain. This property has not been updated much at all so there are no visual signs of flooding and the seller said that it hasn't ever flooded ( his par...

I've still got a fair bit to learn, and money to save, before I'm ready to start investing. But I'm also getting older and I know youth and energy won't be on my side much longer when it comes to fixing up rental prop...

Actually, this is for my personal residence.  I live in a recently built sub (2005).  I've had an off-and-on flooding issue in my basement since purchase three years ago.  I had many a basement waterproofer come out. ...