I'm doing analysis on a few BH deals around 75-95K on the purchase price. What is a good CapEx % to use on these properties. I have been using 10%, but it seems to be eating into my cashflow. Does anyone base their...
Got 2 reply from roofers, they found significant hail & wind damage to the roof which contains x2 layers of shingles and can not be repaired. So total roof replacement is needed , cost about $10000. Want to know...
Our roof is beginning to leak on a house we purchased just a year ago. Looks like there's no flashing along the side and also needs some areas to be re-shingled. Is this something I can/should claim through homeowners...
Wondering what the best strategy is. Do I put a low deductible on my wind/hail and then use insurance to pay for a new roof once it fails? I'm worried about how much penalty I'll have for using my insurance.Or, do I...
I'm thinking a lot of the repair costs will be covered by the HOA dues. The big ones would be covered. Does anyone have any experience renting out a condo? What were the repair costs like?
I am seeking advice.I recently purchased my first house with a 5% downpayment. My goal was to occupy one of the 4 bedrooms and rent out the other 3 to room mates. I purchased this house knowing that the roof needed to...
Has anyone found any type of sewer backup insurance coverage for rental properties? I live Wisconsin and my insurance does not provide this type of coverage. There have been properties that have had issues with their ...
Looking for some insight from people familiar with rental property insurance. I have 8 SFRs. All are insured with State Farm. My current policies have an actual cash value endorsement on the roof meaning that in th...
Hi guys,
So I have some Insurance questions. Could you please help?
I had a tree (the neighbors tree) that fell on the roof of my rental and damaged it severely so now I have to change the whole roof.
So during the...
Do some investors go without Texas Windstorm Roof Insurance on a small, 1 story house (1100sq ft)?Is this a sound strategy? It's almost $1000/yr with 2% deductible ($4k) with $200k value. A new roof is about $7-8K.