David Green
Loss-of-use claim (Fire)
I have a condo that had a fire and the insurance company only paid out the reminder of the current lease.I am unable to show, lease, or sell the unit while it is being repaired. Does anyone have any advice on how to c...
Kevin Lewis
Contract's Insurance Clause
Hello everyone,I have a Seller that wants her contract to exclude the Insurance clause per addendum.Clause:INSURANCE: As consideration for this purchase the Seller will assign all insurance policies on the property to...
Tiffany S.
Homeowners / Landlord Insurance Questions
I am in the process of purchasing my first rental property. Need some recommendations for insurance policies. I am trying to get some simple quotes online and I am not having any luck. Property is in Hampton roads. No...
J Scott
Special Warranty Deed
A friend of mine is buying a house next week, and when he looked at the settlement package, he noticed that he's getting a special warranty deed (SWD) instead of a general warranty deed (GWD). I know the differen...
Michael O'Byrne
Tax lien discovered
We are are flipping a house and just put it under contract with a buyer. Their title company just informed me the examiner found a recorded tax lien from a few years ago of over $23,000. The house has been sold twic...
Account Closed
Title insurance on cash purchase
I am in the process of purchasing a REO property for cash. In looking over the HUD-1, I see I am having to pay for Lender's Title Insurance and Owner's Title Insurance. If I'm not using a lender, the lender's policy w...
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a few newbie questions about renting out the property
Dear all,
I just bought my first rental property a week ago and will close end of this month. But I am trying to post ads whereever I can now and hopefully i can get a qualified tenant before closing. But, I am soo n...
Dan Frehmeyer
Roofing Contractors and Insurance
I am a new investor with two properties now. My strategy is to buy a value add primary and then rent out after a year. My current primary, which I have been in since last October, is in need of a new roof. I am curren...
JJ Cole
Aluminum Wiring and Commercial Policy don't mix?
I am trying to consolidate insurance -- instead of 14 separate DP3 replacement cost policies for individual homes, I am looking for a commercial policy. Primary reasons being higher water damage coverage and vacancy ...
Stephen Milhoan Jr
Creating an LLC/ First deal
I am currently in dental school in Cleveland with the goal of getting my first deal this summer while on break. I am looking to get a duplex or triplex in the Cleveland area. I was wondering if I should set up a holdi...