A tenant wants to sublet my property through Airbnb and provide me with a steady income higher than a regular rent, but I'm struggling with what kind of insurance I should be getting in this case.

On the flip side, students can sometimes cause more damage than your average renter, so make sure you're asking for a deposit that will cover you if they destroy the place and always make sure you require renters insurance.

As for the electric bill you went out of your way and spend beyond a necessary amount to insure their comfort.

My estimated monthly expenses (mortgage, taxes, insurance, PM fees, potential maintenance costs) comes to $2,040.

Hi Guys,I would like to get recommendation for home owner insurance companies which can provide a good quote for rental properties.

I was wondering if anyone has dealt with flood insurance?

I was wondering if anyone has dealt with flood insurance?

What would the mortgage payment be with taxes and insurance included versus your current rent payment? 

You pay a local licensed contractor wIth a good reputatIon to accompany you for a second look .have him look over all the structure and systems etc.. have him do quick quotes on issues he sees on a legal pad as he’s walking through each room have him check the wiring the roof the furnace the plumbing .

Here are my quick numbers on the deal:$1,600 gross rent-$570 ish for mortgage-$160 for management (10%)-$128 for maintenance (8%)-$128 for CAPEX (8%)-$128 for Vacancy (8%)=$486 month or $5,832 a year (12.9% CoC)Then you still need to budget for Taxes & Insurance, this would drive down your return further.