Hi all, Should I insure my rental for its rebuild cost or market value? This is if the property is completely destroyed by tornado or fire. Any recommendations? Currently I am buying a SFR for 81K, appraised at 90K
An interest rate cap is essentially an insurance policy on a floating interest rate loan.This caps/limits the maximum interest expense exposure for a borrower using a floating-rate loan.Lenders also benefit as they ca...
Hello Community,I am looking to purchase a skilled nursing facility that may be available for 795K plus 300K deferred maintenance (includes includes mediate repairs, start-up). We would also have an in-house pharmac...
Does anyone know of any private insurance providers that insure bank deposits over the the FDCI limits? I've looked into CDARS and DIF, but are there any companies out there that will actually sell a policy directly t...
Hello, I've got 3 rentals, 1 personal home - and of course, 2 cars. These assets are spread out between 3 states. I have $500k personal liability on the rentals and $1mm on personal house.
I'm looking at an umbr...
I'm not sure if has as much to do with the fact that I purchased in my LLC, but the insurance policy I had on the property gave me a cancellation notice because they did an inspection and determined the firewall did n...
A financial advisor has told me about using a Single Premium Immediate Annuity (SPIA) as a vehicle to lower my capital gains with the sale of my rental property. It is to be setup as a structured allotment sale over ...
Hello all,I recently bought a residential property and now am in the process of looking into setting up a company structure to protect my interest and assets. I live in California state. I'm thinking to do some remode...
My first post into the bigger pockets forum. New/aspiring Investor doing my homework interacting with the forum each day. I thought this was perfect question to be my first post. Has anyone used a whole life insurance...
Does anyone have a recommendation for an insurance company that will write a policy for a CA property?I'm buying a duplex to house hack, but I've contacted a few companies and all of them said that they are not writin...