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I had two quads in downtown Pensacola. I had just rehabbed and rented all four of my downstairs units and was working on the upstairs units. Hurricane Sally destroyed them. I was not in a flood zone, so had no floo...
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Hi all. All around the perimeter of this (unfinished/abandoned) 5k sq ft commercial building, there are these openings into the basement. The ground is dug out around the building, like a trench, and then these openin...
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We are new landlords. Wondering about providing washer and dryer in a two flat.
We left a non-coin washer and dryer which was ruined in the recent Chicago floods. So while we’re pondering replacing, wondering about ...
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How much does landlord insurance generally cost? I read in “hold: buy and hold investing” by Linda mckissack that generally insurance is 0.5% of fair market value. I called Geico and progressive and they both are qu...
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Hi everyone. We're looking at a property we're thinking about buying that is located in a Flood Hazard area (as designated by FEMA). However the owner of the house next door was able to get a flood elevation certif...
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What is going to happen to the 80% of homes that did not have flood insurance in Houston Texas? I assume the mortgages are not forgiven but I also doubt owners will continue to pay for nothing. The bank will have noth...
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On Saturday, 6/29, in the late afternoon, for the second time within two weeks, the sewer trap was backing up....thank God for leak sensors. Contacted sewer company with whom I have a contract /insurance again. The ...
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I'm starting to feel like a jumped the gun a bit on signing the purchase contract. I just found our recently that the house is in a high risk flood zone and just took a large chunk of my returns. FYI the owner/agent f...
I bought a house that I am currently living in but plan to rent out within the year. I moved in 3 months ago and the basement has flooded twice since moving in. The disclosure specifically says no water leakage, acc...
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Who has had their rental significantly damaged by a hurricane/tornado/flooding? What's the basic steps if the house isn't habitable? I'm guessing we end the lease, contact insurance, do repairs - then relist it for ...