Hi everyone, I work for a new carrier focused on rental apartments (single and multi-family properties).
We're on a mission to create a better insurance product for landlords/real estate investors.
What do you thin...
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Sunday evening while finally sitting down to relax and watch a little football, I get a frantic text from one of my tenants, "Call me now please." So, before I could call her, another text comes in, "I really need...
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I recently signed up for iul. However now I'm hearing stories that they may be a scam or some type of pyramid scheme. Does anyone have any experience with them
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Looking to put carpet in a couple bedrooms in an AirBNB. They rent the entire house and I do month-long rentals so I don't want to go with bottom of the barrel carpet which is what I was planning to do at first. Anyon...
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Hello all! My name is Bethany and I am a lifelong Long Island resident, living with my husband and 4 year old daughter. I have been reading the BP forums and various investing books over the last couple of months. I h...
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NOT covered by insurance:1. FLOODS, can be covered by separate FEMA flood insurance but not by home owner or rental policies.2. EARTHQUAKES3. SEWER BACKUPS4. PESTS rodents and bugs5. SINKHOLES6. MOLDMany of these c...
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Hello, BP! I hope everybody's doing well around here. In thinking through the 50% Rule, and modeling it out in my spreadsheets, I am finding myself very uncomfortable using it. Here is the hurdle that I'm mentally up ...
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I was curious to find out what brand of paint everyone is using in their flips and rentals.I have seen some contractors getting $60/gallon paint from sherwin williams for $15.I am thinking because of the volume they ...
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I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
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Ok so I grasp how whole life works.
But in order to use it correctly should I have a lump some ready to put in on first payment.
Example 50k policy 4% return 2k first payment required monthly after that is $35
So...