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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...
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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 ...
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The lender is escrowing for insurance. I talked to my own insurance agent, and he told me that even if I add myself as an additional insured I still wouldn't have liability coverage.
I have the property in my pers...
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We've had a brutal winter in Chicago this year! Lots of snow and ice.
So a tenant in one of our building's rents an illegal basement apartment. We bought the building in Oct and inherited the tenant - I didn'...
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I have a property in which the tenant had a "cooking accident" that sent flames up to the ceiling, and burnt a whole into the bedroom above. The work order from my property manager is for $6120.00, and my deductible ...
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I am on contract to purchase an investment property in Ohio and the inspection showed the house has knob and tube wiring even though it was built in 1959. I had an electrician go out today to inspect and give me a quo...
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Late last night I received a call from one of my tenants telling me that one of the other units had a fire in their apartment (this is a 4-plex) 2 days ago. She said there was an explosion and she didn't know what...
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Biggerpockets community, I'm stuck. Firstly, let me start with a little bit of backstory, for the better half of the last 5 years, I've been a mechanic. I kind of just fell into it and it stuck for a little bit and to...
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Hi everybody. It seems like a huge number of BiggerPockets users are looking to quit their jobs and transition into full-time investing. A major roadblock to this, however, seems to be health insurance. Those of you w...
It gets worse. My Gmac mortgage was sold to Ocwen a few months ago. I just got off the phone with them...and the Indian guy tells me as of January 2014 my mortgage will go up $200 due to my escrow being negative......