I have an out of state rental property with rental dwelling fire policy. I can’t take umbrella for my rental property since my auto and home are in Chicago. Will my umbrella taken here In Chicago cover the other out o...
Hello,
I’ve been looking into duplexes to buy as my first property. My plan is to live in one unit and rent the other. The problem in my area (Philadelphia suburbs in New Jersey) is that these duplexes do not last lo...
Investment Info:
Other buy & hold investment.
Purchase price: $23,500
Cash invested: $23,500
Sale price: $25,000
Vacant lot purchase. Intent is to build a 2 family dwelling with roof deck and...
I am looking to buy a property with an accessory dwelling unit but was informed by the zoning department that either the primary house or accessory unit would need to be occupied by the owner. This situation would be ...
Just buying my first place- need some advice on which direction to go with investment property insurance protection during rehab and selling. Any advice would be great!
Hi All,I'm interested in opinion and guidance on what the experts/realtors can offer on my next real estate move. I've owned and lived in my two family duplex for 11 months. My realtor and bank told me that after 12 m...
I am under contract on my second rental property (YAY!) and just got a quote for home insurance. The quote I got lists my "dwelling coverage" as 4x the value of the home. This seems way too high to me (the coverage on...
I recently purchased a SF home with an ADU. One owner used it as an in law suite and another as an office. It is fully functional with a full bathroom and kitchen and over 700 square feet of living space. I've been to...
Hi,Got into quite a bit of a mess and hoping you can help or point me in the right direction. The building inspector needed to stop by to do a walkthrough which was done. It's a 2 Family but on the 3rd floor the prev...
Morning,
I've got a question with regards to equity in rental properties. Would one be better off to pay a rental unit off with the income he/she receives from it or reinvest in another rental? It seems to me...