Before closing on an investment property, I undertake several crucial due diligence steps to ensure I make an informed decision. These steps include:
-Property Inspection: Engaging a qualified inspector to thoroughly...
Three story apartment complex, Built: 1970Number of Units: 29Gross SF: 23,184 SFAverage SF: 653 SFNet Leasable SF: 18,989 SFRoof: Slight pitch asphalt shingleHVAC: Forced hot air, gas furnace/central ACNeighborhood Cl...
Hello,My insurance company is threatening to cancel my home insurance if I don't install auto shut off valve within few weeks. Earlier I had a plumbing leak that was very well taken care of and remediation work was do...
Hey everyone,
I’m currently managing a rental property, and my tenants have been there for a few months now. Looking back at my records, I realized I never received their proof of renters insurance, which was a requi...
Just copy/pasting the market report I complete each month for my brokerage and clients. Coverage area is all single family housing (detached and attached) in Northeastern IL. Data comes from MRED LLC, St Louis Fed, Mo...
I will need enough for 5 mobile homes.
Hello everyone. I just got started in real estate investing about 3 years ago. I currently have two condos, one SFR rental and my primary home which is an SFR. Both SFRs have home insurance. I'm not sure yet if I shou...
I’m closing on a 6-plex in Des Moines, Iowa, this November!!! Built 1890. Older roof. All units on separate meters. Seller has done a good job of keeping up with electrical, plumbing, fire safety, HVAC and general upd...
I got an offer from a utility company for one of my rental properties to purchase insurance for the exterior water line service for $4.95/month. Is it worth it or am I better off just saving that money? What is the li...
Hello Everyone!I'm about a 13 days from closing on the 7 unit in San Diego and I'm starting to look for an insurance company for the building. I wanted to know if any of you have suggestions on what to look for and t...