Reva Gaster
Are older 1950s homes worth it even with the high insurance
I am looking at an older home to invest in to essentially turn into a MTR. I am just nervous about the home insurance as I have been hearing the home insurance on older Florida homes are between 3k-7k a year, specific...
Saad Handoo
Evaluate my mortgage
Hi BPers-I'm looking to make my first investment property purchase in the next few weeks. I reached out to Bank of America and they quoted me on a 4.375% loan with 25% down. This is a 30 yr fixed rate mortgage for a n...
Petur Karlsson
How to find a mortgage broker in your area?
Hey everyone! At this point, I've cast a wide net and still no luck finding an insurance broker to "add to my team", so to speak. My rehab insurance is running out, my investment property is almost rent-ready and my c...
Griffin Goudreau
Insurance for Rentals in Florida
Any investors willing to share their insurance provider? Should I engage an insurance broker?
Any insight will help!
Levi T.
Insurance coverage ideas large landlords?
We have a lot of townhouses, and only getting a lot more each month. In fact we are adding about 10 units per month right now. We have insurance through commercial providers for fire, plus a liability policy. I think ...
Brett Arceneaux
Forced into first deal!
I have been lurking around BP, listening to podcasts, and reading up on real estate investments for some time now. As fate would have it, we have been unable to sell our previous house for a year now, so we have decid...
Larry Bondar
TPaying teen cash for yard work at your property
Want to hire a minor to clean up yard on a investment property Some basic yard work for cash. Can I write this off as a deduction? Also how would I set this up to legally have him working at the property?
Garrett Kaiser
Upstate NY Insurance
I haven't had much luck in finding an insurance provider for a 5-unit building in upstate NY. I've been rejected for a quote for the following reasons:
- Out of State ownership
- Too many units in the building
- C...
Paul NA
Questions on forming LLC on properties with Mortgage
I enjoyed reading the various topics in RE investment and actually had questions on forming a LLC. So I recently closed on my 4th rental property and currently have all of them under my name. All 4 are financed via ...
Kajal Aggarwal
Tenant car damange
Hi,We own a four-plex and one of the tenants guest parked their car in the garage. Due to a leak that we are not aware of until this incident, the car got some spots. The tenant is asking us to reimburse the guest for...