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My property has a 3-bedroom, 1900 sf plus unfinished basement house, and a detached 3-car garage, with a 1-bedroom, 650 sf apartment above. I rent out the main house and live in the apartment, I have full use of the ...
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Hello BP community, I have the opportunity to purchase a 2 bed 1 bath ~800 sqft home within a few miles from me. The owner is a REI but does not live in the area nor has a PM. currently rents it out at $600/month. He ...
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Hello BP,
I have a question regarding a HUD home my wife and I put an offer on a couple months ago. Our offer was rejected, but last week our realtor notified us that our offer was accepted as a backup off...
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Just who does the Federal Deposit Insurance Corporation (FDIC) and the National Credit Union Association (NCUA) protect? Everyone feels it is their own savings that is being protected. Not so! The FDIC is actually set...
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Hello all, Closing on a multifamily(2 family duplex) at the end of this month and I have been getting some pretty high quotes on homeowner's insurance. The property is 2,240 sq ft, fueled by natural gas, has new plumb...
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I am currently looking to purchase a rental property in the Germantown area of Philadelphia. These homes often have knob and tube wiring. I heard that less and less insurance companies are insuring homes with knob and...
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We put an offer in at $1.2M and waived an appraisal, but the appraisal came in WAY lower than the agent, lender and myself anticipated (200k less). We are using a 10% down vacation home loan, and can only afford about...
If I want to rent out my property do I need to switch to a specific landlord insurance policy? What do you do? I saw its 25% more expensive so was curious if everyone here does it or if there is away around it. Are th...
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Good afternoon!I have a client closing on a $2M+ waterfront property in a golf cart friendly community. Does anyone have experience renting one with their units? He is concerned with liability. Thank you!
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A few months ago my tenant e-mailed me and said "We've had 3 bats in the house in the past 2 weeks and this morning one was in our bed when we woke up." The went on to say that they got their rabies shots.5 days late...