All Forum Posts by: Huiping S.

How much are you spend for a SFR over 2300 sqft on STR? We paid over $7000 per year for one such STR and the agent helped us to buy all our insurance. This is really expensive. We have umbrella insurance also.

Outside of Florida properties always have $300k, and Florida can have $100k but we changed all to $300k few years ago. Last year the umbrella company send us one mail and asked to change to $100k with adjustment fee. 

Be honest, we felt we paid this commercial umbrella insurance and not so active to understand it or can't understand the agent's information well....

When all investment properties are already under LLCs, will the umbrella insurance work? 

Self-directed properties just leave with regular home insurance and too complicated. :-(

Thanks.

Thanks for the answer @Dmitriy Fomichenko and @Jeffrey Dixon!

We had umbrella insurance(commercial) but few questions always unclear:

1. The agent reduced FL SFR liability to $100k but not $300k. Does this true?

2. The umbrella insurance will not cover self-directed IRA properties. Does this true?

Thanks.

Huiping

BTW, when we found VRBO is helpless and we run to the property within few minutes and questioned those rates. To protect the property is #1 or rates need leave. I believe rats are rates and none of them wants police to questions anything. Very possible police know who are those women on the cameras.

Ok, 

real issues: when you saw few different hot dressed women walked in and out your property during one night at different time when those men stay in your property, and each woman stay there for around 1 hour, how do you think? When you saw one man walked out at 6am to look around and then one woman walked out, how do you think?

I try to leave a little face to the rats but this happened.

Good luck for Tampa bay area short term rentals when VRBO told us this man booked multiple in this area recently.

Our guests are 98% family related and good. We got a booking request of few men and the inquiry one joined VRBO in 2015 but 0 review. We called VRBO and this is the answer: people can change emails and get rid of the reviews. If this is true, it is risk to accept booking from VRBO when some rats are there. How to add requirements to have ID, picture and at least 1 review to book in VRBO like AirBNB?

@Samuel Boyd
We got a new roof and other upgrade since we brought the house. I asked the current insurance agent to re-quote our insurance and she told us to have windy medication. So we did and then she said unfortunately we will not get any credit from citizen. I am looking for good agent to quote home, LTR and STR insurance also. Do you mind to share the agent information?

Does anyone know why changed the coverage from $300000 to $100000 in Florida for umbrella insurance? 

Thanks.

I saw few properties in west Tampa are listing to rent for over $5000/month. Those remodeled for short-term use obviously. We have short-term in this area and know it is impossible to earn any after pay the owner $5000, cleaning, and all other costs.

 I will do research of Autohost. Except the scam, worked hard enough to have good regular guests and over 80% occupancy. I don't think scam can get one penny easily from me but bothering business is unacceptable. All they did is very stupid.