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My husband and I were considering pulling out the equity in some of our homes to set aside for a future purchase, so we don't lose it when the market drops. We haven't found anything yet that makes sense to 1031 them ...
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Hi everyone. My wife and I are under contract to buy our first investment property in Alabama. It was listed at $47,000 and we offered $45,000 cash (using a portion of our HELOC to purchase, at a variable rate of 4.62...
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Fellow BP members. I received the quote below from my insurance agent. Its a cash value fire policy. Do you see anything in the quote i should be worried about? House is located in Oklahoma city. Thanks for the inp...
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Hey guys,Is there still cash flow opportunity in Orlando or is it tapped out ?I'd open to connecting with a investor focused agent that really knows Orlando well.
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One of my kids signed a lease with a big apartment complex. She had a choice of putting down a deposit equal to two month's rent or paying monthly "deposit insurance." The insurance is $150/month and she just renewe...
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Ground work:Purchases: 2015 SFH1 purchased 3/2 118k rents for 11002016 SFH2 purchased 3/2 122 rents for 11002017 (10/28/2017) closed on first multifamily (4plex) for 268k 12k in repairs expected rent per unit is 800 b...
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hello everyone,I am trying to find the right tune between cost of premium and coverage. It's my first rental property so I am just asking for advice that might sound stupid but I will do it anyway :-)The general quest...
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Hello, my wife and I are currently in the process of buying a duplex and plan to house hack it and live in one side. Currently I’m wondering what is the best way to insure this property. Landlord insurance with my own...
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I am looking to finalize a sales agreement on my first property. It looks like a good deal as a flip, or rental. My initial plan is to refi and rent it out. Here's the breakdown:Property is a 3/1.5 end row home in ...
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How much insurance coverage would you recommend? Purchase price 37,500Rehab 45,000Arv 150,000The quote I received has dweling protection coverage of $425,000 and the policy is $6,000is that right? Thanks