William Naber
What to do when FMV of property is WAY below Replacement Cost
I am in the process of buying my second property when the insurance agent calls and says that none of the companies they represent will insure my property for replacement cost. Best they can do is an ACV of 148% of m...
Jennifer Cropper
Homeowners payout and contractor
I have water damage to my home and my homeowners insurance was involved immediately. I used a mitigation company with a good reputation I chose and the insurance company accepted. Their remodeling arm put in an estima...
Courtney Cotton
Commercial Appraiser
I am looking to have a building appraised in Denver, CO and would like any recommendations for appraisers. It is for Quonset hut building that my art studio is located in near I-25 and 8th Ave. my landlord did a sell...
Sean Randall
Tenant leaves stove on fire dept called
A tenant of mine in a multi family building left his stove on and then left for the evenIng. It burned a pot and set off the smoke alarms. Fire department was called and they broke down his door. Who is responsible ...
Shahbaz Yousaf
Advice for LLC and Umbrella policy
I have 4 rental properties. I have umbrella insurance by Geico. The properties and umbrella insurance are on my name. I was advised to create LLC for asset protection. My question is: do I need to transfer my propert...
JJ Rahnamoon
Starting a Mortgage and Title company
I am aggressively searching for a consultant to help start a Mortgage and Title insurance company in South Carolina. Please hook a brother up!
Larry Tran
50% premium increase in Olympia, Washington
Hello everyone,We have a small rental (2 beds, 1 bath 1000 sqft craftman bugalow) in downtown Olympia, WA. My insurance will be renewed Nov 1, 2023. Safeco is the current insurance company and they gave us a new renew...
Samuel DeMass
Flood insurance on a rental property, how to find info and gotcha's.
Hello BP world!Please allow me to tap into your collective knowledge, once again.I'm looking at buying a property. I'm doing the math to see if the deal is viable and I need to get a number for how much flood insuran...
Ethan Clay Lesperance
Turning a primary residence into an airbnb.
I recently moved to a home i was going to flip but decided to keep and make it my primary. I have a conventional 30 year loan on the old house(lived there for 2+ years) and private loan on the new one for now. Anyway,...
Ed Hoffman
Using a Quick Claim Deed or Warranty Deed to Transfer property from Personal to LLC
I was told that if you purchase a property using a conventional loan (mortgage in your name), that within a month or so after you purchase the property, you can use a Quick Claim Deed or Warranty Deed to transfer the ...