Andrew Stewart
Policy canceled for renting to students
I obtained a new insurance policy for my 2 unit house about a month ago, and I just received notice that my policy would be canceled due to RENTING TO STUDENTS.
I have never rented to students. However, I did post a...
Diane Perry
HELP! Issue with insurability of purchase intended to be a rental
HELP! I have a situation and would love to know if you guys think I should walk away. My realtor is terrible, made a lot of mistakes, and doesn’t advise me well. She filled in the contract NOT as I requested, and it t...
Julie George
Water leak into my neighbors unit
Hi there,I am a landlord in Chicago. I own a unit on the 3rd floor of an apartment building that I currently have tenants living in. Last month, I had a leak in the refrigerator water supply line that caused some wate...
Tim Sansone
Homeowners insurance options - my agent isn't helpful!
My insurance agent is being less than forthcoming when it comes to info on homeowners insurance options. I'm trying to compare RC to ACV and she won't give me all of the options. The company has placed too high a valu...
Greg Ghunt
Fannie Mae Homepath Foreclosure - problem with deed description
My closing attorney wants to walk away from this Fannie Mae Foreclosure property, get my deposit back and forget it. Essentially, the deed does not describe the property boundaries, but rather refers to a lot number o...
Michael Hebron Jr
Paying rental property in my name with my new LLC
I have a rental property in my own name. I just recently received my LLC. I would like to transfer it to my LLC. What is my first step? Lastly, would it be legal to pay my mortgage with my LLC while I wait or find ...
Derek Chiasson
Help Feeling Sketchy
I think I'm being scammed
I'm supposed to close on a house with tons of equity in Holbrook MA but it seems a little sketchy to me now
He's a hml asking for a 1% insurance fee is this normal
If there is anyone else i...
John Hammond
Sold a property and owner financed. Is new owner under insured?
We just closed last week. There was a section in the mortgage that states that the owner will have a policy that covers the "full insurable value" and a lot of other legal jargon. The gist of the paragraph is that h...
Connor Mather
Business Structure and Insurance for Buy and Hold Rentals
Hi Everyone,I am in the process of transitioning my 3 townhomes out of my name and into my LLC. I was wondering how everyone structured their long term buy and hold rental properties. 1. Do you keep all properties in ...
Kirk R.
Keeping old owner occupied house buying duplex.
Hi,-I am planning to buy a duplex and rent out some rooms. I will be owner occupying the duplex.-I currently owner occupy a property and rent out some rooms. I am planning to keep this property and continue renting ...