If a property is transferred to an LLC, what are the pros/cons of using a Warrant Deed vs. a Quit Claim Deed? In addition, will the title insurance policy still cover the investment property once the deed is transferr...
I’m having a hard time finding an insurance company that will insure my STR property in IL. I had regular HO ins on it and as soon as I mention it’s an STR no major ins companies want to cover it.Any suggestions on c...
I am in the process of purchasing my first house. When I was hit with almost $1000 in fees between lawyers fees and title insurance I began to wonder if there was a way I could save on these fees in the future? I plan...
Over the weekend I had a fire in my investment property. (What a way to start a new year!). Anyhow 2 apartments were damaged. I have placed a claim with the insurance company which they are giving me an estimated cost...
I recently found a very good foreclosure on Homepath.com, submitted an offer which was accepted, did home inspection, and then found out that no title insurance company is willing to insure this property because all f...
I am in a quandary with a perspective tenant. For last month or so I have been showing the house to lots of people and have had a few applicants that just did not work out for whatever. Been working on house for a ...
How much total coverage should I be buying on my rentals? These are SFRs - the insurance company seems to offer, as a default suggestion, the amount of the mortgage, not the total purchase price of the property. I'm...
Hello,I have several Airbnb that I own and manage myself in the Raleigh, NC area. I was approached by a person who owns a great place for an Airbnb- a large cabin with a pool and pond on a 3-acre land with tons of pot...
Hello everyone. Has any investors ever looked into getting credit insurance on the event of tenant default by insuring your accounts receivable? It seems like this would be a good way to get guaranteed income.
Hello BP family. Any thoughts on obtaining mortgage loan insurance? not property insurance, but insurance that would cover the balance of the loan in case you lose your life and you do not want your family to incur th...