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I have got insurance quotes on several single family rentals and the insurance company is putting 3 times the market value for insurance rates on the cost to rebuild/ replacement value, how do I shop for reasonable in...
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Last Friday a grease fire at an apartment complex we own torched three of the units. I haven't made the trek out there yet to assess the damage, but the insurance assessor called today and described the damage. My p...
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Greetings;So . . my offer on a HUD house was accepted; used the 89% rule - Thanks. But just read the "successful HUD bidding strategies" and there's sooo much I didn't know. Using a 'not-so-HUD-experienced" broker (...
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Hi All - I am looking to make an offer on a two unit town home. Both units are rented out with long term tenants in place. Below is a screenshot of the model results but see below for a break out of the assumptions:
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Hello fellow innovators. I have a seller who is interested in selling his condo. He bought it back in 2011 for 93,000 with no mortgage. He claims he put 10,000 into it. He also claims he had an offer for 106,000 a few...
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Hi,
We are located in the Great Boston area. Last week our offer on a house was accepted with inspection contingency. After inspection over the weekend, our inspector identified signs of water penetration on one inn...
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Looking to the future with the goal in mind for managing my rentals vs working a W2 job with benefits what are you doing for healthcare insurance? My current state job has great insurance for our small family of 3 but...
More than two months ago my home suffered water and mold damage because of a water leak.My insurance company sent a cleanup crew to begin the remediation process, but they disregarded proper procedures and exposed our...
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Hi All, I just started out looking and came across this deal. Since it is going to be my first offer, I want to run this and get everyone's opinion to see if this is a good deal. Goal: Rental then later BRRRRProperty ...
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As a lot of consumers may not fully comprehend what determines their insurance rates, I'd like to offer a concise explanation of the factors that come into play: Insurance companies are profit-driven businesses that p...