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...
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...
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...
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...
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...
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...
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...
Has anyone on this forum had experience with this company? Paradigm Life claims to use Whole Life Insurance Policies as a financial tool and since i trust this community, I am reaching out to get some referrals.
Right now I only have 300k scheduled for liability on the first property we are closing on. I could pay $55.00 more per year on a $700.00 policy to up that to 1m. I'm thinking this is a good idea. I am being tol...
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...