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Hi there, I am switching over my 4 rental properties to a new insurance and nitpicking my way through the coverage. Some things will go, others will be added. My question is about the option of the Fair Rental Value C...
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So I am currently seeking my first deal. I'm interested in a 2br/1ba listing and wanted to hear some feedback on it.
I know 2/1 investments are looked down upon somewhat, but they are on the cheaper side so I can ...
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I am closing on a property soon and it has a rolled membrane roof. I have been informed that only one insurance company will accept this and the price is really high. Does anyone know if there are alternatives? Could ...
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Hi Guys,I have been evaluating properties for BRRR in PA and need to know the following. How do you guys estimate closing costs during purchase and refinance? How do we estimate insurance costs on a property before we...
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Hello BP Family -
Happy New Year!
I am about to close on my first rental property in coming weeks. I want to know the general/specifics that I should keep in mind as I shop around for a policy. Any bitter/sweet ex...
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Moving forward, I plan to move into a new house, and then rent out all 5 bedrooms. Please advise. Thanks in advance!
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Hi all,I'm closing on triplex here in the next couple of weeks (yay!) and went to my regular insurance guy to grab a quote/binder. My lender red flagged it for me when the binder came in as the coverage was for a litt...
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We're getting closer to pulling the trigger on our first buy/hold deal and as I run the numbers with multiple financing scenarios, they just don't look right. Once I factor in the costs of financing/investment basis e...
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Long story short, ran the numbers on a property that looked like a great deal. After getting prepared to make an offer, I looked up the flood zone information and, behold, it was in a 500 year flood zone. After revi...
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Ok so I grasp how whole life works.
But in order to use it correctly should I have a lump some ready to put in on first payment.
Example 50k policy 4% return 2k first payment required monthly after that is $35
So...