Hello,I am in the process of buying my first real estate investment property in Chicago (southside, Cermak and Califronia) and am looking for an insurance agent I could use to get some quotes and eventually use to put...
Hi all,Im looking for any insight on insurance in a sub to / seller finance deal.1. For sub to: Since I would be taking over title to the property, but the mortgage is still in the sellers name, how does the insurance...
Background:
About 3 weeks ago, I had a fire in my home. I had been renting it out but tenant moved on and I moved in. No one was hurt (thank God). In any event, I had an electrical fire start in the wall while I was ...
Hi, I am new in Dallas, TX area. Just purchased a house and need a lot of work. I am in the process of interviewing the contractors. My realtor referred one to me, and I also checked his reference and got quite good ...
I am a newbie and just made my first purchase of a triplex two months ago. I was surprised to receive a cancellation notice of my insurance policy after they inspected the exterior of the property. They said that 15% ...
I know this topic has been beaten to death!! I am not posting to get advice on quit claiming to an LLC or not to. I am specifically asking if anybody has experience in doing so, and subsequently had to file an insuran...
Hey everybody,
We are rehabbing our first buy and hold investment with the BRRR strategy in mind. Here is our first quote on adequate insurance for the property. Does this sound right? Seems high for just a simple PN...
What's the best way to set up an LLC for Rental Properties I've been hearing have 1 LLC owned by another one in Nevada or Las Vegas
I am looking for SFH/MFH and want to start slow, how much should I budget? I am looking to gain experience and start my journey but don't want to get burned. Looking in the area, the properties on MLS need some rehab ...
I have a lower priced 4 unit ($265k value) that is held in an LLC and am currently paying $2200 a year on it. Does this seem reasonable ideally I could insure it for value vs rebuild cost? It's in midwest where insura...