Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

19
Posts
2
Votes
Seth Knopp
  • Rental Property Investor
  • Cape Girardeau, MO
2
Votes |
19
Posts

How to handle insurance on a guest house you want to rent out?

Seth Knopp
  • Rental Property Investor
  • Cape Girardeau, MO
Posted

My father in law has an extra house on his property he use to rent out years ago. I offered to put money into it and get it livable so we can rent it out again. I will manage it and get a percentage of the rent profit.

How would i handle renters insurance being that his land is all covered under one insurance policy? Can I put renters insurance on his property under my name?

I am brand new to this game. I have LLC for one other rental property I own. But am trying to build this up. Just pointing me in the right resource direction will suffice. I will figure it out.

Loading replies...