Hey BP community,I have a home under contract in Daytona Beach, FL. It's old, has an old roof, and close to the ocean. Apparently a trifecta to ensure I pay as much for an insurance premium as possible.Does anyone kno...
Hey all! I'm new to Bigger Pockets and am very excited to be part of this community. I'm looking for some guidance regarding insurance options for our multi-unit properties in Minnesota. Our currently agency is requ...
How are those of you, with numerous properties, shopping insurance on properties purchased strictly as investments and non owner-occupied? I've had a few insurance companies tell me that they will not provide a landl...
FHA vs 5% Conventional
I've used FHA in the past (3.5% down, 1.75% up from MIP, 0.85% Monthly MIP), and I've been hearing about 5% conventional. If my math is right 3.5% + 1.75% would be more upfront, is it because y...
I just bought two very cheap houses in one deal for $26,000. They are decent sized for the price, but they're not worth much more than the purchase price. Maybe $20,000 each.When it comes to insurance, I talked to m...
looking for thoughts on the following:
i have an opportunity to get premium phone/cable service (i.e. all the bells and whistles) for a multi-family rental unit at a promotional rate. it seems that if i split the cost...
Hey BP
I'd like to get opinions on what the effects of a bear market in stocks be on real estate investments.
Please share your thoughts on what the general effects from small to large SFR markets.
What's are so...
We are ready to make and offer on our first rental properties in Little Rock, AR. We are looking at purchasing 2 SFR in one deal. The houses are older and are in a low income neighborhood. We are having a hard time fi...
I bought my first rental property in May in Huntsville, Al, and now the insurance company (State Farm) is threatening to cancel our policy because the property has been vacant for over 30 days. Is that normal? What ...
Good Morning everyone,Got another curveball that came my way. I'm not asking for "legal" advice so rest assure, just matter of opinion...So I requested my agent to get the seller's insurance agent who has been insurin...