Josh Miller
Why require tenant to have renters insurance?
Curious as to why you should or should not require tenant to have a renters insurance policy? What is the benefit to the landlord?
Account Closed
Do you carry a businessl liability policy for your LLC?
As the subject says I was curious what insurance products flippers are carrying for there LLC? My insurance agent recently seemed appalled that we are not carrying a business liability policy. Generally with our flip ...
Fred Ramos
Property Insurance questions
Hi all. I've been purchasing properties to hold and rent for almost two years now and am not quite sure how to handle the property insurances coming due. When I purchased these properties, I paid for the homeowners ...
Joel Owens
Wierd property insurance claim
Ok so one of my distant family members in Massachusetts owns a condo that is on the ground floor.
A week ago he hears a gurgling inside his apartment and notices his walls start bowing out.
Water is coming into his ...
Fahrudin Kostjerevac
Hard money lending
I am new to Hardmoney lending and have successfully received a return on my investment with three properties. However, one of my properties has a 6 month term. The borrower and/or title company did not contact me f...
Christine Tranchilla
Financing Strategies - ARM vs Fixed Rate
Hi Everyone,I'm just starting out on my real estate journey and have been exploring financing options in St. Louis, MO. I plan to finance my properties under an LLC and currently have two banks offering ARM's. One is ...
Austin Tam
Insurance Claim against me
I had my property manager tear down a garage on one of my properties last year. In the process, the contractor damaged part of the neighbor's fence. The neighbor then filed a claim with their insurance company, Natio...
Dennis Debrobander
Subject 2 insurance
I am in escrow on a subject 2 deal. Do I get a new separate insurance policy in my name? Will there be any issue if there is a claim and I am not on the loan?
Jennifer Asuncion
Tenant not responding, late on payment!
Hi everybody! Just want to ask anybody here who has the experience with this sort of thing. We live in CA, Los Angeles county to be exact,where there is a current moratorium on evictions due to Covid. My new tenants h...
Akshay Wattal
What happens to the rents paid by the tenant when PM company goes out of business?
Hi all,The owner of the property management company managing by rental unfortunately passed away a month back. Their attorney had reached out and mentioned that the company was out of business. The tenant had prepaid ...