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I currently have Farmers Insurance for my 2 unit multifamily in Jersey City Heights. Which I pay around $1,600 for the years. I also have State farm for my condo in downtown I pay around $450 for the year. My insuranc...
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I am in the process of purchasing a multi family property ( 4 units) and was wondering what companies have the best insurance for that type of property.
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I have never invested in STRs. I could use any and all advice:
1. How does one acquire the necessary information in determining average monthly income?
2. The properties I am interested in seems to run like a times...
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I have several Short Term Rentals and am looking to offer my guests Vacation Rental Insurance and Damage Protection. Does anyone have experience offering this type of insurance and can you point in towards company I...
My current lenders for a primary residence I am purchasing is requiring 12 months of escrow UP FRONT AT CLOSING for taxes and insurance PLUS the normal contribution going forward.I have a shortsale on credit report da...
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I'm purchasing a large lake house in Minnesota to do STR. The current owner has had it on VRBO for 3 years and last year put in a new inground pool with a diving board and a slide. It's beautiful and is a great draw f...
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I got myself into trouble by verbally agreeing to a tenant's question during a signing over a year ago:These A+ tenants said, "We're interested in getting a dog at some point. If that's ok, we can sign a two year leas...
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Hi BP community,This is my first post on the forums and I’m curious if using an FHA loan and only putting down 3.5% on a MFH for house hacking is seen as “less desirable” of an offer to a seller that may also receive ...
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12 months, our furnace went out, pipes froze, and we racked up over 100k in damage. 12 months later we are still fighting with the insurance company on a settlement. They've managed to convince me to give up on furn...
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Dear Sir. "Our governor Cuomo has forbid us to travel to TN next week due to COVID. Can we get a refund?"
Answer: "Not only no, but hell no. Number one, my homeowners are not going to be held financially liable f...