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My insurance company keeps significantly increasing the premium to one of my rental properties every year so I have started looking into other insurance companies. The insurance company with the lowest quote right now...
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Hello Team! I'm a newbie RE investor from Concord, CA looking to connect with more like minded people for accountability and motivation. I have been making steady progress towards purchasing my first investment proper...
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2 bed, 1.5 bath (Cash purchase)List Price: $40k (I think I can get $30-$35k)Rent: $750-$800Rehab: Under $1,000Insurance: $33.33/mHOA: $96.24/m (covers water, lawn, snow)Taxes: $106/mVacancy 5%: $37.5/mRepairs: $83.33/...
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Hi Guys,I've come across a 5 unit in Cincinnati that the owner partially started a rehab on but, ended up stopping and leaving vacant for about 2 years. There is water damage to windows and walls which I think is a r...
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Good morning! I just want to know how you know who a real lender is. What kind of questions should I ask them? The reason I’m asking is because I’ve been talking to this lender, and I see they have a verified check ma...
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Hello all,We have just begun to delve into repairing and flipping properties. We have one underway in GA and our flip is in process already and we do not have sufficient insurance in place.So: I have three questions...
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I recently graduated college and have been working for a year and a half now. I bought a house back in May with a conventional loan, but my parents are co-borrowers because I did not have 2 years of employment. I am w...
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I had a new company write coverage on one of my rentals in the Cape Coral area. They recently asked for a 4 point inspection. The inspector found FOUR shingles with issues which would be an easy fix via replacement. H...
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What are reasonable rates for builders risk insurance?
Hi everyone,
Considering switching to National real estate insurance group. I like the ability to be able to have the policies in one place grouped together. I noticed a few threads on here complaining about reasonab...