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Approrpriate Insurance Policy for House Flipping
My partner and I are working on getting offers out soon for distressed properties to rehab and resell. In the meantime, we're making sure we have the appropriate insurance lined up to protect ourselves should things (...
Alpesh Parmar
Looking for lender for commercial loan for a duplex
Hello, I am out of state investor investing in Atlanta metro. I found a duplex in Gainesville for which my offer is accepted and due diligence have been completed. I am buying the property under an LLC so I have t...
Jeff Penovich
Has Anyone Noticed a Surge in HOI?
Recently we've seen a dramatic increase in our rentals HOI premiums. We're wondering if anyone else has noticed a similar increase. For example one property went from $829 to $1575 (one roof claim were the roof was re...
Todd Blank
Bob Diamond overages live events and courses
I was wondering if anyone has ever been to a Bob Diamond overage live event or anyone has had any success with his courses? His claim is he has the largest company working with tax sale overages and knows all of he i...
Steve Hodgdon
Timeline from foreclosure to possession
Working through a foreclosure in Cincinnati OH. Awarded property in November. Borrower determined to stay in home. Mad at the world which now includes me. Wouldn't/couldn't take a 50% forbearance deal. 2 prior bankrup...
Kevin Cenna
Landlord didn't return security deposit in time
Hi all,A friend of mine moved out of their apartment in the San Diego area and moved into another apartment across town. The landlord was given plenty of prior notice (over 30 days early). The unit was already in go...
Collin Hays
Best Practices on cancellation credit card chargebacks?
Lately, we have been inundated with last minute cancellations, with the guest disputing the charge with their credit card company. We are losing our appeals.
We are able to demonstrate seemingly everything that th...
Drew Maconachy
Does Renters Insurance protect investors? Probably not.
A common theme is for landlords to require their tenants to purchase a Renters Insurance policy. Some take the next step and have them prove it (good idea). Here's the problem, an independent study was completed tha...
Christopher Smith
Commerical Real Estate
Hey guys so i have a question. Coming up on buying a 51 Unit apartment Complex. 8.23% Cap Rate bringing in 328K after all expenses. I have 2 lenders that will fund. One will do 80% LTC and the other is a Gap Funder th...
Donald M.
Additional Insured on contractors' insurance?
I am hiring roofers on behalf of a small condominium complex to fix several areas of the roof where some water is leaking. I obtained a copy of their insurance certificate and they have liability and workman's compens...