Lincoln Waite
Resources for learning about insurance, and what I need?
I've been googling all about insurance and it's left me with confusion and questions in some places. I know I need property insurance, and should have my renters get renter's insurance. And when I have enough assets I...
Mike Savegnago
STR HO INS carriers?!
I’m having a hard time finding an insurance company that will insure my STR property in IL. I had regular HO ins on it and as soon as I mention it’s an STR no major ins companies want to cover it.Any suggestions on c...
Account Closed
Closing Costs Too High? :\
Hi BP - what do you think of this closing cost breakdown? Feel like this is a bit unnecessarily high? Property is in upstate NY (not NYC), investment property, and non-owner occupied. House was 58k, 25% down.
Account Closed
Quit Claim deeds
Ok, will try to be clear here.. but this is a little complicated.
Looking at properties that only have purchase with a quit claim deed. Understand that I must search the chain of title via a title search to f...
Dakota Harmon
Need premises liability for single family property.
In the process of renting out a single family home in Los Angeles county. I have a standard home owners policy. How does that compare to premises liability and what plans should I look for when using a property manage...
Bruce Dykstra
Renters insurance: tenant personal property and liability
Hi All,
I am using the Bigger Pockets lease for MA residents. There is a clause about renter's insurance (#19.B). My question is, do other MA landlords require tenants to get liability coverage in addition to coverag...
David Flanders
Building Codes
Good afternoon. If I buy a multifamily apartment complex, am I required to bring it into compliance with building codes? When would I be required - only when I remodel? I know that building codes are a local issue ...
Liz Murphy
Title Insurance - Who is best person to buy from?
I am going to purchase an REO property trough Auction.com. The bank will pay for the closing, but I am unsure who I use to get Title Insurance on the property. Auction.com said I can purchase through the bank's titl...
James Park
Question about umbrella policy as an alternative to LLC
I currently own 4 rental properties and want to make sure that i am properly insured. All my properties are insured with All state with a $300,000 liability coverage. I called my agent to get a umbrella policy but he ...
Alan Clarke
Property Manager and Insurance question
I am about to rent my first house and I will be using a property manager, I have some question about the contract. The hold harmless part states:HOLD HARMLESS: OWNER (me) agrees, at OWNER'S expense, to indemnify and...