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I'm going through the purchase process for my first two buy and hold rentals in Philly right now, but I have no idea what kind of insurance policies I need to carry. I've been going through the forums but I can't see...
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I just bought a duplex for $97k that I'm living in. The mortgage company's appraisal was for $116k with a replacement cost of $177k, which seems about right. I had to pre-pay for 12 months of coverage, but I got a f...
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First time poster, long time researcher/reader. I just had a GC repair all the rotten wood on our exterior trim and now need to hire a painter to scrape and paint the exterior trim. 42 windows, so big job. We own a...
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Does anyone know anything about self insuring your properties and doing it in a way banks are comfortable with? I just pay way too much in insurance and if I could put that money into an account instead I would have...
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Do you require tenants to carry rental insurance even if you have the property insured? If yes why? Thank you, Alvin.
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Hello BP,I'm in the process of negotiating a deal on my first 4-Plex, and while I run the numbers almost daily now, I am trying to see if there are lanes where I could be hurting cash flow. Particularly in the Homeown...
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Hi everyone,I own a commercial property (in an LLC along with one partner) in Tampa, FL and am looking for a new insurance provider. My current policy is set to renew/expire in December.The tenant has their own insura...
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I initially had citizens insurance approved. They are now going back and cancelling my policy as they said the roof was not satisfactory after reviewing the pictures. In case I can not fix the roof in time, I would ne...
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I have greatly enjoyed reading the forums and articles thus far. I am really wanting to get to know some of the Houston folks on here. I lived in the Dallas area for 28 years and began investing in sfr's in 2008,...
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OK, not really sure of the question to ask here.We are on day 3 of our option period and i am trying to get insurance quotes done for this rental house i am planning to fix up and rent (SFR). Now i own a primary resi...