Dan V.
Insurance Coverage & Cost for First-time Flip
I'm working on my first flip property and currently shopping for insurance right now while waiting for the inspection. I talked to one local agent so far and the quote was a little over $900 for a 6-month builders ins...
Jeff Tumbarello
"Derivatives" on any financial institution's books means OPM
This guy "got it" early on the high-risk arena and spoke well to the problem in early 2008. I have no idea where he's been since, but he runs some sort of investment outfit and seems to have survived so far.
The sam...
Mario Arellano
Lessons Learned (SF Buy & Hold)
Just wanted to share some lessons learned to the New Investor community. My wife and I were fortunate to close on a SF home in North Carolina in Jan of this year (2021). We decided to purchase the home b/c the exist...
Matthew Schroeder
Purchasing Duplex in Indianapolis - Insurance Recommendations
Dear Indianapolis Bigger Pockets Members,I recently relocated from Southern California to Indianapolis to focus on real estate investment and we are scheduled to close on our first duplex next week, and we are looking...
Shawn S.
Is 1 Million Liability enough?
So my standard property insurance has 300k liability. For 55 more per year I can get up to 1m. Is this the way to go? At this point we have not done an LLC, and we are unable to get any sort of umbrella insuranc...
Jeff Plotkin
Is insurance needed during rehab on a cash purchase?
Closing on a BRRRR deal in two weeks and I was wondering if I will need insurance during the rehab phase of the deal. Is it ok to wait until I refinance?
Vonetta Booker
When do you start planning your next flip?
For the "serial" rehabbers: At what stage of a rehab do you start looking and planning for your next flip? On one hand you want to keep the momentum going (especially since it can be sometimes hard to find a propert...
Jack Smith
Why do you think you should require your tenants be insured?
So whether you are renting to families, individuals or businesses, it's important as a property owner to require your tenants carry liability insurance. Why you might ask? Well there are several reasons for this. A si...
Carrie Carlton
Would appreciate advice about selling.
I am seriously thinking of selling the house I lived in a year ago. I bought it for 206,500 in Feb 2012. The house across the street just sold for 420,000. I think that is in the ball park for what I could get. I woul...
Kamila Taylor
Deal or no deal in Youngstown OH
I'm contemplating to carry a $50K note with decent interest that is against 3 SFH in Youngstown, OH. (near East High school) Since I don't know anything about this market, I'm hoping for opinion from someone that kno...