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Hello. i'm under contract to purchase a duplex which I will convert to an STR. I'm purchasing the duplex in an LLC. Any suggestions for what coverages need to go into the property insurance policy? also is $1.0M su...
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I bought my first rental 2 years ago and will close on my 3rd in a few weeks. I plan on growing the owner managed landlord business and need to get serious about liability and asset management. Right now I am regula...
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I recently signed up new tenants on a 12-month lease, starting in June, for the upper level unit of a duplex I own.
The lease signing at a local coffee shop was the first time I had met the tenants. My wife h...
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I'm shopping insurance again this year because my first renewal is in May and Farmers is raising the cost by 30%. I came across a better quote from Steadily today and it looks enticing but they are relatively new to t...
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I asked a similar question in a FB MF group but many syndicators seemed to shy away from the topic. Maybe more on BP can help educate.Topic: Using 3yr +1 +1 type bridge loans in stabilized MF deals (say 120U+, basic B...
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Hi, my yearly home insurance is coming up for renewal. I am a travel nurse who is looking to rent two bedrooms out. The house is my primary residence. I’ve had the property for two years. I currently insured Stillwat...
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My husband and I are considering partnering with my brother on a deal. Between the 3 of us, we have well over 100% of the purchase price in IRAs, savings, and investments. I am self employed and my W2s show only ab...
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Hello Community - I have a single family home under contract. Currently securing traditional 30yr long term financing. Loan and title will be in my own name. I haven't had trouble getting a rental insurance policy, bu...
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Was trying to gather what people pay in insurance on single family rentals. I’m in western PA to give and idea of course this will vary by location.Just got a quote for a single family I’m looking to buy, getting a co...
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I enjoyed reading the various topics in RE investment and actually had questions on forming a LLC. So I recently closed on my 4th rental property and currently have all of them under my name. All 4 are financed via ...