Currently working on a selling financing deal. Primarily, I manage STR’s for other owners. One of the buildings I manage, the owner and I are figuring out terms. I want insurance, taxes, and utilities to stay in the ...
LIABILITY - Continued Always carry as much liability protection as you can afford. As a minimum, you should carry $1,000,000 per occurrence. The larger your portfolio, the more liability protection you should have. Su...
First time as a landlord and I have found a tenant for LTR. I need a good insurance agent to write a landlord policy, I also need a lease and tenant screening, what else do I need, and can you please recommend softwa...
How much damage in a moderate 6.0 earthquake would be done to a small single story home? Is it worth it to get earthquake insurance? Thoughts??
Hi Everyone,I recently purchased a home with an FHA mortgage, after closing I received a letter from my lender that the FHA has not accepted my loan for FHA insurance and now my loan is no longer an FHA loan. How is t...
Hi all, need a little advice on Umbrella Coverage.
Right now I'm buying&holding residential properties(1-4) that are under $100k appraised value. I don't plan on using an LLC yet so I can make financing into conf...
Hello BP community!Question is pretty much in the title - any other self employed RE professionals using a Section 105 on your taxes to offset insurance and medical costs? Curious if you got any pushback from your acc...
Hello:I have just gone through some old posts and nobody could agree on what to do about insurance on a subject to deal. Does anyone have experience in subject to? If so, what did you do about the homeowner's insuranc...
I am under contract for a mixed use building with commercial business tenants and apartment units to be purchased under an LLC. I have reached out to a few providers and agents and have received different opinions on ...
Hello everyone,I have a mixed use unit in Philadelphia and I wanted to shop around for quotes since my policy is coming up due in Jan and the price is kinda high. It seems that searching for commercial building insura...