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How do I find an insurer that will issue a policy for a rental? My claims history involves a couple big payouts by USAA and they wont insure my next property (SFR in the low $400)anyone, have you figured out how to ge...
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Hey everyone, long time lurker. I need some advice on whether I can come out of pocket to upgrade the SEER rating on an HVAC replacement. Currently live in residence and we had a pretty nasty hail storm hit our area t...
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I am selling a house where the roof has been over-laid with shingles by the prior owners. The buyers Realtor is saying that the house is not insurable with this. Is this true? The house is in the Irving, TX area.
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With the FHA having high Private Mortgage Insurance (PMI) which could possibly ruin cashflow, I saw a forum that recommended using the Fannie Mae Home Ready loan instead. Can you share with me the difference between t...
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I wonder if it's worth it to create an LLC when you have only one rental property. Also how much does it cost to have one created and maintained? All inputs are appreciated. Thanks!
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I have a buyer for my home but they want a bond for title. Will we need an attorney for this? If so, who pays for what? Also, will the buyer then be responsible for property taxes and home owners insurance?
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Hi Real Estate Veteran,I am using turbotax to calculate depreciable basis for my rental property. After evaluating my situation, I need to add the cost of City Transfer Tax into depreciable basis. However, I don't kn...
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What method do you use to calculate your replacement insurance valuations for your properties?
I have a 4plex that the insurance company is calculating $400k to rebuild, which seems high for me.
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Just trying to get a sense of how much insurance rate variation there is in different markets. I realize underwriters take location into consideration among other things but I'm curious what other owners of multis wit...
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Hi all-
Working on my second deal here and under contract. My other SFR in Marietta 3/2 1955 ranch has an annual premium of $720. The house I'm under contract is a 3/2 1977 split level in Woodstock and I just got a ...