Based on the numbers a house I am looking at is a great deal. But it is in a flood plain and will require flood insurance.Is buying a house in a floodplain crazy? Should I run away?
Ok, I got a call the other day from a friend with a sfh she is trying to sell. Currently rents for $975/month and is 3/2 that has been rehab'd. She has several properties and has had multiple insurance claims recently...
We live in Denver, but are interested in starting with a small 4 plex on the Gulf Coast of Mississippi. Has anyone done this? Does anyone have a good agent, contractor, inspector or property manager in that area? An...
I'm reading Dave Van Horn's articleMaybe You Shouldn’t Start an Entity. Consider 4 Alternative Asset Protection Strategies Instead.And it got me curious. Almost everyone suggest getting an umbrella policy since it's r...
Assuming the note of the senior lienholder is a typical institutional note with a due on sale clause:Can the senior lienholder accelerate a loan when a 3rd party obtains title by means of a trustee sale of a junior li...
Hi,Just wondering if anyone has dealt with this or has some idea as to how to deal with this. Earlier today, I received a frantic call from my HOA representative saying there's been extensive damage to my rental prop...
Let's say the water heater started leaking and ruins some clothes, or the roof leaks, or their refrigerator goes bad and ruins their food? Should I have to reimburse them? There is nothing in my lease that covers this.
Hi All,I have a MHP in the mid-west and I'm pretty concerned about tornadoes taking out my entire MHP (or a good portion of the mobile homes). I have mobile home insurance to cover tornadoes. But I wanted to hear what...
Anyone just use Aircover and not Have an STR policy? We use Proper but it’s pricey. Thoughts on getting rid of Proper and just relying on Aircover? Is Aircover liability only or does it cover dwelling?
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