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I was just informed that the insurance for my 6 unit building will almost triple in value. They claim it's because the cost to rebuild from scratch would be significant, but my question is, why didn't they do this fro...
Hello, I am new to this form. I’ve been a landlord for the last 5 years. Last July (2022) I switched over to TurboTenant and paid a yearly fee of $59. Today I realized that it’s set to renew for $99 for next year when...
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Hi All, owner of an out of state home in Georgia, insurance premium doubled - any tips to brokers that can help out here?
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W2 employee + RE investor, employer doesn't contribute towards HI premium. I know if he were self employed and had 1099 income he could deduct the premiums. How can he deduct the premiums, if he can? Thx in advanc...
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One of my tenants is requesting a three month extension to the lease so that he and his family have some time to buy a house.I would prefer not to do this, but as a landlord, I do want to consider the needs of my tena...
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My SFR tenant of one year is wanting to renew and has asked what I would charge for him to go for another full year vs. month-to-month. I have read one post on the premium people charge for M2M (that post suggested 8%...
I found a property that cash flows nicely but there is a $3000/yr flood insurance premium. The area is under-market value for the area and is developing. I just wanted to get some feed back from people who may have be...
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We are purchasing our first duplex and I received quotes from a couple sources for insurance. The house is approx 2100 sq ft, and purchase price is $56k. The comps in the neighborhood are similar.This is what I rece...
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I have been involved in purchasing houses at the sheriff sale. I fix and flip all the houses. For the past 3-4 months I am finding that the banks are paying prices that simply don't make sense. I speak to other invest...
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Hello:I currently use the basic version of H&R Block Tax software. They have a version that is over 3 times the cost labeled "Premium - Best for self-employed or rental property owners". I am able to do all my r...