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Hello,I purchased my first property recently. In the closing costs, I prepaid for 1 year of property insurance. In this case, I would assume I would not be paying monthly insurance premium for the first year, because,...
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What are the risks of hiring a contractor who is not insured?
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I've sadly come to the conclusion that our country is done, over, kaput! I finally came to this conclusion over the weekend as we were circulating petitions to put a Constitutional Amendment on the November ballot in...
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I often hear people say they pick ACV over RCV insurance when the cost to rebuild would be more than the market value. I don't really understand that. Here is an example. I paid $173k for a duplex, but I have to have ...
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I own single-family rentals in Spring, TX, just north of Houston. The insurance premiums on each property have escalated dramatically over the past two years. Can anyone recommend a insurance carrier or agent that I s...
Hi,I just wanted to better understand what exactly it means when an insurance company indicates 'Guaranteed Rebuilding Cost' in their policy. I had a water leak incident that partially damaged the flooring I had to fi...
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I'm writing to ask for help with an insurance situation. We own an Airbnb unit in a multi-story building in Honolulu. Recently, there was a water leak in our unit that affected several other units and some common area...
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Hiwe have 5 rental properties , and all of them registered under an LLC ,Now i would like to know about1. Asset Protection, ( how can i protect personal property and from being sued)2. What insurance should i take 3. ...
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I have about 120k in my 401k and 100k in equity at the moment and would like to use it towards real estate investments. I've been researching different services to move my 401k money , such as Whole life Insurance or...
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Hi everyone, Under contract to purchase an REO property and it was discovered there's an old mortgage from 1997 which was assigned in 2000 to IMC Company Co, Tampa FL.IMC Company Co is no longer in business and from t...