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Hi all,I recently had one of my properties burn down. No people were hurt (thank God) but the house is pegged for demoliton.Now, i'm in an interesting spot. I can decide to rebuild or to 'cash out' and just own the...
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We have just purchased our first buy and hold. We are in process of completing renovations and will put it up for rent soon. I saw that several others recommend Replacement Cost Coverage vs Actual Cash Value Coverage,...
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I just purchased a duplex and I have two detached 2 car garages. The garages themselves in one building. I would like to build a unit on top the garages in the future. Has anyone done this? What is the cost like? ...
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Thanks in advance for help and advice. I am purchasing a four-plex. Can anyuone recommend a good insurance company for all-risks coverage upon purchase of this property?
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Hi All!
Closing on a triplex soon and will need to do some extensive remodeling. Working on the layout now and would love some feedback.
Here's the original layout of the property. It has a pretty terrible lay...
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I am very new to real estate and recently purchased a 1950 home on 3/4 acre lot with the intention of remodeling. This property is located at Novi, Michigan on the side entrance (corner) of a very good sub-division. I...
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Hi BP,I am purchasing my first rental home in Madison Heights, MI and was hoping to gain some knowledge on insurance policies.The purchase price of the house is 115K and I will owe 75% (86K) to the mortgage company. T...
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I am a fairly new wholesaler and I need some help analyzing a deal!This house was severely damaged by Katrina and abandoned ever since. It is located in St. Bernard Parish in a historic district. Currently, it is a 4-...
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Hello all,
What is the best way to determine the amount of coverage needed for an umbrella policy. I was quoted the following: should I go w/ the most expensive and most coverage since the 13 homes are not setup in a...
The only house I bought to live in will be fully owned by the end of 2024. Some facts of the house:Location: Nassau County, NY, Town of HempsteadYear built:1929Purchase price: 290,000 in 2013Condition: AverageLot size...