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I assume i'd have to call my insurance company to change it to a "rental property"? So insurance would be higher, so the escrow account wouldn't be enough to cover. Do they re-adjust the mortgage, or do you just ...
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Hello! I'm searching for an insurance professional to discuss the concept of negotiating group purchasing property insurance for a discount (similar to what is done through health care via employers).Are there regulat...
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Hello, I'm currently looking at a property that has a large garage/barn that I'm planning to use for storage. I'm looking to see if anyone has advice or can point to resources about legal documents for leasing, and l...
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Also, could someone please provide me with a ballpark range of how much it costs annually and what is included in coverage...Thanks!
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In Cincinnati Ohio, renters won’t necessarily need a cash security deposit anymore under a new law passed by Cincinnati City Council. This will help alleviate barriers to renting an apartment, the law says landlords m...
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We have a duplex with two great tenants. 2 weeks ago both sides flooded due to broken water main in front yard. Of course it was my side of the meter so we paid about $2k to replace the entire run. Now the affected te...
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Hello!I’m planning on purchasing my first rental this year here around Richmond, VA. From everything I’ve heard it’s best to have it under an LLC to separate it from my personal finances. I also understand that some...
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Has anyone had any luck getting insurance for rentals in Baytown and if so can you provide me who you used? I have a pier and beam foundation and have had Texas fair plan for two years but they are refusing to renew ...
In recent years my Mom (59) and I (36) have been partnering together to make our first moves into real estate investing. In this arrangement she is essentially a silent investor and I manage the properties. To date th...
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Hi all,I am posting about my first rental property that I have had for a couple years I want to plan my strategy for converting my current househacked rental, into a rental. Currently I live in one room, and rent out...