Allen Kim
Landlord Insurance Suggestions
Looking for a new landlord insurance provider. I currently have policies with NREIG paying around $57 a month for $120k in property coverage per side of a duplex in north Austin.Although the amount may seem minimal in...
Craig Barnthouse
Do you buy "Vacant Dwelling Policy" or just cross your fingers?
On the properties I have purchased, renovated and flipped to date, I have NOT bought "Vacant Dwelling" insurance. This was a huge oversight because I have funded everything with cash on hand and could have suffered a ...
Kim Livingstone
Homeowners insurance for a rental property in a trust
My mom's home was a 4 unit building, she lived in one apartment and rented the other three. She passed away and left the building, our family home, to me and my 2 siblings via a family land trust. The current home own...
Sam Leon
IRMA kicked my fence down and sent two trees into my roof
Still dealing with the aftermath of IRMA here in South Florida, even though I have four large trees completely uprooted and caved into my house and my rentals, I am still counting my blessing the eye wall didn't come ...
Brian Rosher
What insurance to close on a BRRRR with conventional lender?
Getting ready to close on my first BRRRR and I am working on getting insurance quotes. My mortgage broker had a requirement for rental reimbursement rider. I had planned to have vacant property insurance since I wil...
Brian Jasinski
Trust Related Tax Question
Question regarding a property held in a irrevocable trust.Home value is $750K, owned outright by the trust - no mortgage.A family member lives in the house, no rent is charged.Meanwhile, the trust is paying for the ma...
Lisa R.
Trying to get a debt consolidation loan against one of my properties
Hello – I am trying to find out if there is any way to get a debt consolidation loan against a property that I own. It would not be a HELOC because the dwellings on it are pretty much teardown properties. But I also d...
Sean York
SFH to Townhome Redevelopment in West LA
Hey West LA Developers/Investors. I am starting a new niche development venture (based in Houston) and have an opportunity to redevelop a family owned SFH parcel in Beverlywood as my first project. I'd like to put 3...
Lekan King
Three Units is Now Considered Commercial?
Good Morning,I’m trying To get a building permit(BP) in Philadelphia for my 3 unit multi-family apartment. My residential BP was rejected because it’s considered commercial because I have more than 2 dwellings. Has an...
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Got land, now what???
Hi i live in Ma. and bought a 3 family dwelling about 1 year ago. I've been living here while i renovate and everything has been working out great. When i bought the dwelling a small lot of land attached to my proper...