Hi I just learned a day ago that my rental house burned down  (see photos) I am looking for tips for when calling the insurance company from those that have dealt with home owners insurance fire claims or have insura...

I have a few properties I am currently interested in and understand the comp adjusting process, but any insight from an experienced investor in the Rhode Island area regarding how you value your adjustments would be a...

I've seen a couple threads over the past week where the OP has questioned how to find comps and estimate ARV. Marty Boardman and I discussed this topic a bit at the BP Summit last month, and I also put together a qui...

Hi smart people,I have a tax-related question about figuring depreciation basis on a new property received in a like-kind 1031 exchange of rental properties (3-unit for 8-unit). I live, and the buildings are in, Los A...

I sold a house with owner financing.  Buyer put a down payment.I am carrying a note for the balance which buyer is making monthly payments.  How would you record the journal entries for this type of transaction in cas...

Have you ever been truly educated on the claim process by your insurance agent??? If you answered yes, that is wonderful. However, if your answer is NO, that is where I can help. In my 7 years in the insurance/financi...

Im looking over a 5 plex in midcoast maine. The number do not look bad but not yet sure of the scope of repairs. Rents are 1) 620 a month 2bed/1bath, Adjust to $7002)570 a month 1bed/1bath, Adjust to $6003) 570 a mon...

Hey guys, im in the process of looking through a few reo's to flip yet i get stuck trying to find the ARV so that i can depict my MAO. I've tried using zillow, eppraisal to depict that info but i seem to get stuck and...

Hi
I have rental in AL. Had to evict a tenant and found out there was a water leak in basement and garage. Had to redo some plumbing in drywall and replace flooring in downstairs.

Question is, I've made a claim with ...

My rental property in Chicago was vacant and got on fire.  I discovered that bank did not pay insurance premium  from Escrow account. And insurance expired. They accepted the mistake.  Bank and its adjuster convenient...