Tom Thomson
Insurance Company for Buy and Hold Rental homes
I have recently moved to Steadley Insurance Company for my rental properties as my insurance broker found they were cheaper than Liberty Mutual Insurance which I have had in the past. I have had two occasions where S...
Giganni Lopez
Do properties need to be in "good" condition in order to be financed?
I'm a Miami realtor looking to purchase out of state. First time home buyer wanting to use FHA 3.5% or conventional 3%. I'm finding a lot of properties in Ohio & Illinois for less than 100K. They need a lot of wor...
Denis Moreira
FHA Monthly PMI + Upfront Mortgage insurance fee
Hi,I received this information from my lender today in regards to an FHA loan. "With 5% down on a 400k property you are looking at an upfront MI of $6,650 ( onetime fee for FHA), which can be included in loan amount a...
Joshua Hughes
Renters Insurance-Fellow Rent by the Room (House-Hacker)
Hello All!
To give a little back story upfront here...I'm currently House Hacking and acquiring my new property soon. Both single family 3B1B's. My question is when it comes to Renters Insurance. What limits are nee...
Jessica K.
North Texas - Looking for new insurance provider
I'm based in the DFW area. We have 10 rental properties, just formed our own property management LLC, and we're going to be starting a rehab business. I'm looking for a new insurance provider who has the flexibility t...
Steven Skarupa
insurance coverage for short term rentals?
I just signed a contract for my first rental property on Christmas Eve. Nice little bungalow in northern Cape May a block or two from the bay. Has the potential of bringing in 2K in positive cashflow!
Now I'm in th...
David P.
Warranty or Quit Claim Deed
I would like to ask the general question which is better to do when transferring deed from person name to business name - Warranty or Quit?
I want to ensure I don't affect insurance - and if so what are the r...
Jack Barkow
Which kind of Property Insurance Coverage is the Norm?
Hello BP. I'm just starting out and closing on a rental 4-plex soon. I'm currently weighing the different property insurance options and there is a huge difference in costs/coverage between insurers. The background...
Elaine Hester
Yikes—entity fees potentially killing my cash flow, help!
Yep—another newbie here, wondering what I'm missing ... I have only recently learned that owning my properties free and clear puts me in a more vulnerable position for liability and know now that I need legal asset pr...
Melissa Man
Protection from being sued
What do you all do legally to protect yourself from being sued by your tenants.