Chris Toedter
New Jersey oil tank issue
sooooo here's my issuePurchasing a 4 family MONSTER last call to be made there was an oil tank found. I know I know I know get it removed get it removed or the soil tested. BUT it's a 4 family I don't plan on selling ...
Ronnie Gilmer
First future rental property question/help
There is a foreclosure on a condo in my area that is in pretty good shape for ($60k). The condo fee is $230 and the taxes are $1300/yr. The comps are renting for $1325 to $1500. I'm new to this and I am SUPER nervous....
Gayle Eisner
Climate Change and Coastal Property Rentals
Hi:I just purchased as SFR (rental) in Moss Landing, CA a couple blocks from the beach. I was thinking appreciation and it has a small positive cash flow. I am in a flood zone and now after hearing about all the glo...
Cameron Moore
Shopping Insurance for Investors / Landlord Insurance
Hello All, Insurance Broker here! I have a background In property management before my Insurance career. I specialize in investor insurance but work with many types of clients. I just wanted to post the best process f...
Kevin Sherman
Rental Property Insurance
Ugh - just renewed my rental property insurance - and it's up 27% YoY - and up +40% over the past two years. It's a duplex built in 1910 (Lakewood, OH - there are zillions of them). Rough specs:1. Value (county, and r...
Fred Stevenson
coverage questions
I'm buying my first investment property, and have questions about the property insurance. The quote I received was for General Liability (100,000/200,000), and the Building Coverage is for 70,000.00. The purchase p...
Account Closed
Buying Rentals With Cash
I am closing on my first rental on the 7th. I purchased it with cash and will also being doing the rehabs cash. By using cash the ROI numbers are coming out nice, and being in the military if I leave it gives me margi...
Joe Delia
Actual Value or Replacement Cost?
I'm sure there are many topics on this throughout bigger pockets history, however, what are you doing TODAY, and why? What do you see as the pro's and con's of each policy?
This is assuming buy and hold but feel fre...
Peter Fokas
How do you keep premiums low?
My 6 family insurance was 3100 last year and now increased to 3500 this year. What do you guys do in terms of trying to keep insurance premiums low as possible? Do you increase deductible?
Jim Piety
How much do you put down?
Considering money is cheap right now, it makes sense to borrow as much as you can. However, a larger down payment reduces the monthly payment and helps increase cashflow. Plus, if you have a larger amount of equity, c...