Hi all. This is my first post here on BP. I've been interested in getting into investing in rental properties for a long time but have never taken concrete steps to do so. I've started to get that itch again and am...
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Hi There,I have read a number of posts on renter's insurance and I require it for all my properties. Many of the apartments I manage were inherited from a previous manager who did not require this. As the leases come ...
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We have suffered a substantial fire at one of our rentals, and the insurance company has written us a check for the damages and lost rent, and we are now in the process of selecting a General Contractor for the repair...
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Hey everyone,Running into some road blocks in acquiring insurance for a 12 unit apartment complex details below. It’s a little unique, so the “regular” insurance providers won’t quote it, or the quotes I do get seem e...
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Greetings BP,I am currently in the process of purchasing two investment properties in North Little Rock, Arkansas.I have called several insurance companies and quotes are ranging from $70 to over $100 per month.Any su...
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Hello everyone! I am looking at a duplex that is 400k and rents for around 2100 each side. In a great area, it is newly rehabbed and looks to be done well. However there are very large horizontal foundation cracking ...
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Hi, My Rental property in New Brunswick, NJ got burned in a fire accident, it has been 2 weeks, now, Adjuster has visited. What are the next steps?Can I get it cleaned, or do I need to take a permit of some kind? Tha...
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Good morning all,I'm looking to transfer a 6 plex with a commercial loan from my name to an sole owner LLC. I've confirmed this is acceptable with my mortgage and insurance providers. My intention is to reduce my pers...
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We have several duplex /4 plex units in fla. we have noticed a huge insurance hike over the last 3-4 years. Anybody else experience this?
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Citizens is about 60% cheaper than the next alternative for a duplex less than half a mile from the ocean in Brevard County. Has anyone ever had an issue with Citizens paying out claims, or in general? Policy premium ...