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...
If you are a new investor, make certain that you have a commercial policy specifically for overnight rentals. A standard landlord policy, or homeowners policy, will likely not cover you if you have a claim.
Claims d...
Ok, this is one thing that I didn't expect. I have a 4 unit in Tucson, AZ under contract and had it inspected last Tuesday. The 4 plex is two separate duplex buildings on a single parcel. All of the units have their o...
I thought it would be fun to start a thread where we can share our craziest fix-and-flip stories, biggest "oops" moments, and the golden nuggets of wisdom we've picked up along the way. Whether you're a seasoned pro o...
I'm researching coverage and the last thing I need is someone getting an injury on an STR. So I want to be as bulletproof as possible.If you want to protect yourself in case a renter gets hurt on your property, is a b...
I hope this is a quick question, and I can get an easy answer.
I am buying my first home, and am waiting for a closing date. Our mortgage lady is aggravating me to no end. We have applied for a conventional rehab lo...
Hello BP!So I have a prospective tenant that looks excellent on paper but they have a large dog --- a Husky. Says dog is house trained and good tempered; but dogs... are dogs. This is my 4 rental putting into service,...
Hi everybody,My team and I just acquired our 5th property. I am trying to evaluate our insurance needs for 4 condos, and 1 SFH. We currently have policies for each place, which have minimal interior coverage, and 100...
Are there examples of wholesaling contracts on BP? Or better yet, are there wholesaling contracts that can be used when putting a house under contract on the BP website?
Hello Gang! I am evaluating my first long distance endeavor. A in-law family member is selling a 3bed 2 bath ground floor house in Marathon Florida. The house has had recent updates/rehab after some storm action, (hom...