Hi,*** request feedback by 12/28 Wednesday.What is the minimum insurance coverage that I need to get for a 5 unit multi-family home? I need help. Here is a quote I received.Building purchase price is $105K, but replac...

I have 5 rental properties in my name. A FB friend mentioned that she has an umbrella policy on properties. Her explanation was vague, so I'm here to ask...What is an umbrella policy, does it replace the current insur...

I had tenants move out while past due on rent (1.5 months).  I mailed the "official letter" to their new address saying the SD would be kept and that they still owe additional money, but I've received no response (the...

I am running into an issue and I can't find the answer to my question. I bought several land lots in Jefferson County from a reseller in Alabama and he sent me a copy the Quitclaim Deeds for each property, by email. H...

Newbie here, I just bought a SFR in N CA from Fannie Mae. It's a 3 br 2bth as well as addition(2 br right on the patio, attached to the house). Seems to me a lot of REOs in my area are like this. I just want to know i...

Background:There is a very reputable builder in Baton Rouge that is building a new neighborhood. About 3 months ago I sign a contract to build the home of my dreams. Simple 3/2 called an “Oxford” model. We agree to pu...

Hi, folks, I just closed on my first deal a few days ago, and I'm editing our first lease using the template given from BP for my state (Maine).  There is a section about leasees providing their own renter's insuran...

General question... When you manage a property for someone, do you require to be named as an "additional insured" on your clients property insurance or umbrella policies? Why, or why not? 

Hi all,I'm reviewing property manager bids, and in a couple of contracts, I've found the following clause:Carry and pay for: (i) public and premises liability insurance in an amount of no less than $1,000,000; and (ii...

I have 2 investment properties, both in different states. One has a major water leak underneath -- according to the leak detection company. I have Safeco that insures both investment properties. I am anticipating that...