Let me preface this by saying my ultimate goal is asset protection- that is my #1 priority. Now, moving forward I have an umbrella insurance policy, and will be opening an LLC for my current rental property. At ...
I have a signed purchase agreement for this fourplex for $328,000 in Minneapolis. Its a 2 story building with 2 units on each floor and an unfinished basement. Total 2500 sq feet above ground. There is gas based cent...
Hello all,I have a question about landlord insurance policies. My insurance company just told me that when my landlord policy renews it will not include water backup coverage because I had a claim earlier in the year ...
Hey All!My partner and I are looking to buy our first property(s) and we have our eyes set on a package deal. This package includes a triplex and one SFH. Their current listing price is $115,000 each or $230,000 total...
i have been doing my research for about 8-10 months and i finally found a good property in a pretty good niegborhood. I am so exited that i finally have started the process of being an investor. i bought the house f...
my neighbor's irrigation broke and over the course of 5 hours dumped into my backyard and crawlspace under my house.
damages to my crawlspace amount to $2200; my deductible is $2500.
I filed against my neighbor's in...
Here is my plan. Cash out refi my paid off primary residence for 150k & purchase a foreclosure w/pool for 129k(BRRRR) that needs a new roof & probably 5k in other repairs. Zillow has it valued at 234k but I do...
Nine days after opening escrow, I received an estimate (actually the Buyer's Estimated Closing Statement) from our title company yesterday. It was emailed to me same morning the fedex package to the Seller went out. I...
For the folks that have househacked a multi-unit property, did you have to get only a homeowners policy, only a landlord’s policy, or homeowners for the unit you lived in and landlord for the other unit(s)?
We are in Syracuse, New York and are shopping for insurance on our single family rentals to see if we can lower our overhead. We purchase houses and then rehab them prior to renting (with the occasional flip). The c...