Hello,My insurance premium increased by 12% this year, I did not raise any claims last one year.When inquired the agent replied back and mentioned it’s “normal”and quoted premium increase is also the coverage increase...
I'm interested in buying STR properties in the Carolina coasts, including Myrtle Beach and the Outer Banks. I'm curious for those of you who currently own investment properties in those areas: Are you worried about in...
I recently purchased two properties in Cleveland. One property was built in 1922 and the other was built in 1952. Both in established neighborhoods and already rented. I am trying to improve the cash flow and with the...
Hello BP,I purchased a property last year with a conventional loan with 5% down here in Las Vegas. The purchase price was 174k making my loan amount 165k, however, it was actually appraised at 185k and over a year our...
Hello Everyone,I own several rental properties in Fairfax County, VA (Washington, DC suburbs). I just finished paying my rental property insurance premiums (State Farm) for the next year and realized that the premium...
I'm looking into possibly doing a house hack. While reading my book, the discussion about MIPs came up, and that there is a possibility that a good deal can be made bad due to high MIP fees when using a FHA loan. Wha...
Hello allNeed you help, at my relator offer agreement there is a fee for the buyer of 305$ for insuring premiums, attached the full description above:Is it acceptable or common?"BUYER shall pay the following through e...
I'm getting mixed info on this so hopefully someone did this already can help me out here:When you have real wind and hail damage o the roof and you successfully get it replaced through your insurance. Can your insura...
I'm getting mixed info on this so hopefully someone did this already can help me out here:When you have real wind and hail damage o the roof and you successfully get it replaced through your insurance. Can your insura...
I am in process of closing on my first MF house and recently received the initial closing disclosure. I noticed that the lender increased my mortgage insurance (MI) premium to almost double the original amount. It i...