I am curious to hear your experiences that you have had when you PM's discuss maintenance issues with you. Specifically I recently had an AC replaced as my tenant said it was not heating the house well enough. My Pm s...
Hi all, I have owned a multifamily rental property in Troy, NY for a few years now. Unfortunately there was a small kitchen fire in one of the units this week. I opened a claim with my insurance company immediately,...
This is happening to my friend, not me, but has me curious as I had never heard nor thought about it. She said the tenant had a slow draining bathtub and rather then call her they tried to fix it themselves. A few day...
I've been doing sub to deals for a while but I have never run into this problem quite like this before. The first mortgage lender (Ocwen) is asking for evidence of insurance and my agent supplied it but the borrowers ...
I'm so confused... do y'all do other insurance on top of homeowners policies on your short term and medium term rentals? I had someone ask me today about how they get the same type of policy that they get with hospit...
Hey everybody,
We are rehabbing our first single family buy and hold investment in Baton Rouge with the BRRR strategy in mind. Here is our first quote on adequate insurance for the property. Does this sound right? Se...
Hi everybody!I'm been looking into getting Multi-family apartments between 12 - 20 units. I'm struggling to educate myself on the more in depth knowledge i need to know around CREI. I understand the basic of how to fi...
Any attorneys or risk managers out there that have knowledge on this question? I had an extra family car, that I want to be full time dedicated for use by my PMC staff. I know I could sell it and retitle it into my P...
Hi BP,I have a lender question I hope you can help me with. What should I expect to pay in loan fees when acquiring a loan for an investment property? I have great credit, zero debt and this will be my first conventio...
Hello,Longtime lurker, but first post.I have a deal "sub-to" that I would like to move forward with. The only problem is the current owners did a poor job shopping for insurance and are overpaying, for both flood and...