Ray Hayward
Insurance Needed for 25 unit Historic Rehab
Hello, A GC partner and I are working on a proforma to determine costs for a potential rehab project of a historic building and targeting 25 units in MA.Can someone help me understand what kind of insurance we need t...
Kevin Kittilsen
Insurance for properties held in LLC but not occupied
I hold a couple of properties in a series LLC. Both properties are currently uninhabited as we prepare plans to demolish the existing homes to clear way for development.Property A consists of two parcels, one parcel w...
Po Chan
Best way to resolve problem caused by title company
We are selling a REO house we bought 5 months ago. As we going through the closing process, the title company found out that there was a loan that was taken out by previous owner that was never paid off. The loan wa...
Pita Lucas
Can someone help with explaining the HOA insurance?
Hi, everyone,I am a newcomer to this website and a brief introduction of myself: I recently bought one condo in florida and every month I paid HOA fees to one designated property management company.According to the bu...
Jenna Y.
First deal: Estimated Closing Statement from title company (FSBO/all cash): 13% of purchase price. Is this right?
Nine days after opening escrow, I received an estimate (actually the Buyer's Estimated Closing Statement) from our title company yesterday. It was emailed to me same morning the fedex package to the Seller went out. I...
Andrew West
Insurance Shopping- Any "rules of thumb"?
Hello Friends-We are under contract on two duplexes in Michigan, and shopping for insurance (everyone's FAVORITE topic). We are fairly new to this so, as we learn about all of the different aspects of a policy (ACV vs...
Michael R.
Won't insure rental if not primary residence?
How are those of you, with numerous properties, shopping insurance on properties purchased strictly as investments and non owner-occupied? I've had a few insurance companies tell me that they will not provide a landl...
James Sea
Alternatives to holding reserve funds in savings account?
Are there alternatives out there to holding reserve funds in a savings account?
Short term bonds? GICs? Anything else?
It hurts me to see essentially nothing in interest on my reserve funds when I know there are bet...
Daniel Andrews
Home owners insurance company want to cancel on rehab house
My insurance company came out the other day and told me they are sending me notice of cancellation. They listed repairs I needed to make within 60 days or the policy would be cancelled. All the repairs they have list...
Arif Dede
Needed: Home insurance for investment properties
Hi guys!
I'm in need of a good quote on a property I'm about to close on. I'm in need of a solid home insurance. Any reference here that could direct me in the right way?