I've been dealing with insurance companies and am convinced this is the biggest scam in the world. Every year the premiums go up and if you have the audacity to ever make a claim, they raise your rates and try to p...

I've been running the numbers on various properties in Toledo just to get a feel for different scenarios. When I get insurance quotes in lower income areas around Toledo, rates seem to go through the roof! I'm talking...

Appreciate BP assistance on a problem. New investor/first property. House was REO and winterized. We had plumber come out to turn on furnace for first time. He shared that the flame was orange, indicating furnace not ...

I made a mistake of being presented by a guy who said he was a public adjuster.  He was going door to door.  Well he spoke with us awhile and like a half fool I signed a contract electronically with him, with his adju...

I'm a new investor and buying a handful of buildings in a LLC.  I have read that you shouldn't make any claims on insurance unless its catastrophic to keep costs down.  If that is true, it seems better to go with a 5k...

I guess it had to happen, after ten years in the business.  Just got notice of our first slip and fall lawsuit.  The tenant was at the time being evicted for non-payment of rent, was evicted, and now, about six months...

Divorced in March of 2015 and moved into an apartment while my ex-wife stayed in the house with the kids.  She was never late, but the mortgage payment was high for her, so she has now done a modification using the FH...

After several months of non-payment, and over $4,000 of lost rent payment, she's finally gone!  The unit is a mess and will need at least $1500 in repairs and clean up.  We still have $750 of her deposit that will be ...

Let's say my wife an I are general managers of an LLC who buys a single family home.  The contract price is 100,000.  We put 20,000$ of materials and labor into it.  We then rent it out for 12 months and cash flow 10,...

Hey BP, Question for everyone. I have 3 rental properties, 2 in florida and 1 in missouri. I have a quadplex, a triplex, and a condo. It seems like every year my insurance on all three properties goes up by 20-30%. Is...