Personally, I do not like any strategy or approach that aims to benefit from the misfortune of others.

It’s time to look into home owners/rental insurance.

Hello,I'm looking for advice on my offer strategy for a house on the market I want to purchase.

The strategy was built on sand. 

I generally prefer higher since I don’t plan on putting in small claims, it’s basically just for catastrophic loses and the savings in premiums over multpiple properties for multiple years should balance that out if I have ever have to use the insurance.

My idea to achieve this is to convert the studio into a short-term rental.I’m trying to determine if I’m forcing this deal to work by relying on the short-term rental strategy or if it’s a reasonable approach given the numbers.

My Insurance Agent has strongly recommended that I put a Construction Agreement in place with my Contractor to shield me from liability, etc. 

It’s worth exploring to see if it aligns with your investment strategy and timeline.

Hi Carlos,I am in Madison, WI and we shopped around a lot when moving a few years ago and used Neckerman Agency (now McClone) who are insurance brokers.