I have homeowners insurance , that is, insurance for an owner occupied property but i recently rented my house and i have the same policy(nothing changed on the policy). Now there is a water damage in the basement bat...
My insurance company denied my claim for a loss due to a water leak that did extensive damage to BRRRR property we just completed. The reason the adjuster cited the denial was because the property had been vacant 60 d...
Hi there BP, I am in looking for some advise. I'm under a contract with a builder. Even when my secured Financing is single Closing with construction to Perm Loan, interest rate @3.125.
The concern is around the cont...
Hi all,I recently purchased a property with a house on it that included the vacant lot next to it. The prior owner received the lot from a tax sale in 2009. They did not do anything with the property, just left it vac...
This decision out of NY illustrates one of the types of baseless claims made under a title insurance policy. I'm surprised the Court didn't sanction Plaintiff's counsel for filing a spurious suit. I wouldn't be surp...
We bought a home in 2016. Moved out in July of 2021 and started a very drawn out rehab project. Finally got the place listed as an STR in December of 2022 and have been booked solid ever since.At what point do I sta...
I'm keeping a tracker of my mileage for tax deductions through real estate. In doing this it dawned on me, can you write off the mileage that you drive for drill weekends as well?Given that drill weekends are only on...
Part 1 of 5: What is a Deductible Buy-Down Program
Deductible Buy-Down programs are insurance policies a business/real estate investor can implement in their protection plan to lower the amount of deductible they h...
I working on my first flip and was curious to know what people tend to do for insurance with flips. We bought it in cash so there is no lender but what is recommended for insurance with flips? The project will take 6-...
I am self employed but usually work for cash but I saw that in most states you don't need to submit any proof of earnings or 1099 you can just apply and be approved.
Will they be asking for my 1099 or proof of earni...