Kelvin K.
Do you escrow your taxes and insurance?
For those of you with buy and hold rentals. Do you escrow your taxes and insurance as part of your monthly mortgage payments?
Or do you keep this money aside, such as in a savings account?
Mathew Fuller
Where do you park your rental income?
Hello BP,
I have a few questions:
First
I recently acquired my first tenant in a house a hack. Today I opened up a new checking account with my bank, and I either need to have direct deposit setup with a minimum ...
Titus Capilnean
New investor looking at Columbus, OH
Hi everyone, wanted to introduce myself - my wife and I are looking to invest in Columbus, OH, through some local connections. Looking to talk to people who have already invested in the area in a ready-to-rent, cash-f...
Jason Piazza
Newbie in need of help with house insurance
Hello everyone!!! I am new to Bigger Pockets and owning rentals. In the last 12 months my brother and I have purchased 2 houses in the Cleveland Ohio area using the Brrrr method. We just purchased a third house this p...
Patti Thurman
Insuance on rentals
In Dayton Ohio. I have 2 rentals combined value is approx 70K . Insurance is currentlyreplacement cost of 259600.00 with 1000K ded on each. Currently being billed for 1571.00 annually for both properties. I am being a...
Clint Votruba
Will transfer of title cause loss of insurance coverage?
Client took title to property as follows:
John Smith, as trustee of the Amended and Restated John Smith Trust dated January 1, 2006
He received an Owner’s Policy with insured named as:
John Smith, as trustee of ...
Ryan Zweng
$100,000- Where to keep it/ How to Invest it?
If my goal is to leverage $100,000 in investment capital, and obtaining buy and hold investments is my long term Real Estate Investment goal for the initial 100k in capital , my questions are:1) Where is the best pla...
James W.
Fear of getting sued for renting out property.
I would like to continue renting out my house but I heard that if anyone is injured on your property, you are liable. Is there insurance to cover against this?
It seems like anything can happen on your property. Is...
Steven Mojsej
Costs covered in rental income
Hi BP,Looking for advice from different investors in what is being covered with the rental income you are acquiring from the renters. You need to get enough to cover the mortgage payment, property taxes, insurance as ...
Mason Keeler
Are cash only houses really cash only?
Im finding mixed reviews online about this question. I'm a 1st investor that will be financing my 1st flip. I've encountered a handful of deals, but they were cash only.
Are there houses listed as cash only that I c...