My business partner and I purchased a property in cash recently and are just about to finish up the rehab work. The house is a buy and hold property that we plan on renting out here very soon. Because we didn't financ...
Hi all, Looking at a townhome (buy and hold) in floodzone AE near a river. 1 in 100 event looks like 6.7ft of flooding. The HOA covers flood insurance, so limited scope to check for elevation to remove from FEMA flood...
I found a property in Texas (Duplex with an extra unit so a Triplex) that has rental incomes of $2375/month, recently renovated (like 2 years ago) and it costs around $150k, am I missing something? putting 20% which i...
So I was calling geico to get a quote on a property and they don’t insure rental properties bigger than four units. So who does?
Hi BP,I converted my SFH into 2 units a year ago. I’ve been house hacking one side and I’m renting out the other side. I’m considering fire dwelling coverage or “landlord insurance” to protect myself in the event tena...
Do you buy the property insurance before you even close on the house?
I have obtained some quotes and esurance seems to be the lowest priced insurance.
Any recommendations?
Hello BP. I've been on here learning for about a year now, and finally have my first deal within reach. I've analysed countless properties and was afraid of never actually pulling the trigger on my first deal so I s...
I am nearing the end of my summer project. I have been remodeling a 3 bed 2 bath in Fayetteville, NC. As I am coming to a close, I am faced with the tough decision of flipping or renting. I went into this project with...
I had a home in Lake County Ohio for rent Fair Housing sent a tester who said they had a service animal. They said I told the tester there would be a security deposit for the animal. Fair housing filed a charge of di...
Hello! We're under contract on our first rental property here in Colorado. We've been chatting with insurance brokers and a couple things have come up that I'm not sure about and don't know if they brokers really know...