Hi. I'm new to investing and BiggerPockets, and have heard a lot of great things about the BRRRR strategy. However, the numbers don't make sense to me. I'm looking at a SFR property in a Los Angeles suburb. It is 500k...
Hello everyone! I have a close Friend in Florida, who needs to have a Reverse Mortgage released. His elderly parents, had one done a few years ago, without his knowledge. They now require 24 hr care and he is trying t...
I just found out my insurance policy on 2 of my rentals was cancelled due to non payment. This is odd since one of my properties has my insurance payments in escrow on the mortgage so the mortgage company should have ...
I've got a problem that I'm sure many other people have faced, but I'm running into dead ends left and right.We owner occupy a duplex in a very high cost area, and are trying to move to North Carolina. We'd like to bu...
I am trying to fiind out if I need to take umbrella insurance in the name of an llc or in the name of the owner. If I have 2 properties and 1 umbrella insurance , each of the properties are owned by a separate llc , w...
For those of you who have student rentals in Ontario, or more broadly in Canada, what company do you use for home insurance? I have just bought my first rental property. I will be renting it out to a family for 6 mont...
Does anyone have experience with self insuring and starting a interest bearing fund? Assuming the premiums would be switched from the insurance company to the new fund it should stack up quickly to provide for a poten...
Hello all,
I'm in the middle of a contract for my second property, and I have some questions about insurance.
1. How do you select your insurance policy? Do you ask for number of quotes and compare?
2. When you h...
What would be the reason for selling a POH to a current renter? If you are already renting the home to a park resident, why would you sell it for the same payment or slightly higher over a few years?
Hi all, under contract on my first ever investment property! Its a duplex and is a great deal. Before we get this party started, question foryou pros on insurance.
Did some research and sounds like I can’t become an ...