Lynzie Mackey
Two insurance coverages?
I'm looking into insurance on my vacation rental, which we just started renting out and currently have a normal homeowner's policy on it since we were living in it prior. We're in Fort Myers Beach, FL, and so Proper ...
Veronica Giggers
Hard Money lender requiring builders/construction insurance coverage.
Hello all, I hope everyone is realizing their investment goals. We have reached out to a Hard Money Lender for financing a duplex we plan to BRRRR and hold. Repairs are estimated to be $62K. The HML is requiring a "bu...
Paula Gayle
Decision Regarding Forming a Legal Business Entity
Hello, I'm Paula and I've been interested in real estate for quite some time now and I'm ready to make that next step.Throughout my research, I did not come across any information suggesting whether or not a real esta...
Account Closed
Love to hear your comments -Exclusions Because of Prior Arrest
The Department of Housing and Urban Development (HUD) issued new guidance on April 4th, 2016 that is going to require all single-family and multifamily rental professionals to revisit their policies.In a decision that...
Dennis Debrobander
Subject 2 insurance
I am in escrow on a subject 2 deal. Do I get a new separate insurance policy in my name? Will there be any issue if there is a claim and I am not on the loan?
Victoria E.
"Subject to" how is it work?
Great Saturday everyone!
I have a seller that have small loan took out last year at 6.5% and I'm trying to buy the property "subject to" and remained balance give him in cash. I haven't done this before an...
Marc Izquierdo
Homeowners, liability, landlord insurance?!
Hello everyone!
I am starting to look at and analyze some deals in hopes to buy in a year or so. Specifically multi-family (3-4 units). During the analysis process, I started to think more about insurance and had s...
Jeff Tumbarello
Here is an interesting twist
Par for the course, the pundits are wrong again. The down turn was going to keep people working. When you are 59 and laid off, your best bet is to retire.
http://www.latimes.com/news/nationworld/nation/la-na-retireme...
Tristam Griffith
Rental Property Insurance
Hello all. One of my clients just got a really simple claim turned down by his Berkshire Hathaway owner's policy. Someone broke in, and cut all the electric out of the basement. Berkshire said theft isn't covered, but...
Robert Murphy
Flood Insurance Reform 2018 - Will the NFIP Lapse?
People with Bigger pockets that have active deals going and are buying in a flood zone that requires the purchase of flood insurance.In the unlikely event that the NFIP does lapse, you should be aware how it will affe...