It is very hard to find property insurance in Florida right now. I have a quad in Jacksonville and Progressive/ASI just literally dropped me mid term and sent me refund! My insurance agent said it's been a complete me...
So we fully own few SFRs rentals under an LLC (no mortgages). And we want to buy few more cash properties. Can someone give me some info on the portfolio lenders? Specifically, what are the current typical rates, LTV,...
Hello BP Community! I am in escrow on my first out-of-state rental property in northern Texas and the next step in the process is to get landlord insurance. My question for you more seasoned investors is, what policy ...
Hey all. I’ve reached the age where my parents long term care has become center focus. So I lets set the stage a bit shall we? My parents are on a fixed income with no long term health care coverage. My dad has just r...
Hi all,
This is my first post on BP, and I hope to get some good feedback on a proposed transaction.
I have an opportunity to purchase a home in a nicer section of DC; what makes this an unusual opportunity is tha...
With a hard money loan, when will I have to start paying the balance off? Is it monthly or after the flip? Would I have to add it in my budget? Let's say I owe 70,000 and have a two year term to flip, how would I come...
Just started my LLC business and have both a long-term rental property and an STR. Since this is a real estate business and I have home insurance for all my properties, do I need insurance for my LLC as well?
Hey everyone,
Pretty soon I will need to release a property and haven't had to screen clients before (property already had tenants). I know commercial is a lot tougher to screen for than residential. Residential you ...
I have been issuing NREIG for all my properties in Michigan for builder's, vacant, and rented coverages. Yesterday I was informed that one of my properties was now going to increase to $5000 deductible effective immed...
Hey BP!
I'm reading about the BRRRR strategy and I find it very interesting.
I'd love to hear your experience with this strategy. Can you address the following
- Detail the stages from buying to refinancing.
- Talk...