Ryan Moore
Switched Insurer, they jacked up premium after inspection
I changed my MF's insurance to another company, who quoted a better premium than what my previous insurer was going to be at. Now after inspection, they raised the premium almost 25%. The only notes I see on the pro...
Thor Fink
Lending for Properties with No Title Policy
I am looking for lenders who can help finance or refi properties that you cannot typically get title insurance for in the first 6 months up to 2 years in some cases. However, you do get a Sherriff's Deed for the prope...
Emily Fraser
Insurance policy cancelled due to exterior paint
I am a newbie and just made my first purchase of a triplex two months ago. I was surprised to receive a cancellation notice of my insurance policy after they inspected the exterior of the property. They said that 15% ...
Deanna S.
Property Ins. in Cleveland area does not cover burst pipes?
Hi, BP. We were just told by an insurance agent yesterday that property insurance for rentals does not cover burst pipes due to freezing in Cleveland area. Would appreciate input on that. That was new to us. Than...
Nicholas Zeiler
Requiring Renters Insurance......And Enforcing it.
Hello folks.I own only one duplex for now but plans to grow soon. I want to include language in my lease requiring my tenants to posses an active renters insurance policy as well as indemnify and hold harmless the lan...
Emily Taylor
Best Practice for Refunding guests who cancel STR reservations
Looking to hear some best practices on dealing with guests who want refunds even with a signed policy stating a certain refund % amount within a period of time prior to arrival. All guest will indicate some sort of em...
Ashley Wilson
Business Liability Insurance for Flipping LLC
HEY BP!!!I need your help! I am looking into getting Business Liability Insurance for my flipping company which is under a LLC. I need suggestions on companies, rates, what type of coverage I need, and anything else ...
Ruth Hall
Suing for non-disclosure
What are the chances of winning suing the seller for non-disclosure? I bought a flip, renovated and in the market to sell. I was provided a clean owner's FIDELITY NATIONAL TITLE INSURANCE COMPANY policy by the agency....
Rishita Tiwari
Tenants with service dogs
Dear Community,
I was having an interesting discussion with another landlord on the real estate partners discord (https://discord.gg/pKh34Yu3PM) regarding tenants having service dogs. So basically, some jurisdictions...
Andy Mirza
Importance of Lender's Title Insurance
(I wanted to start this thread separately to avoid hijacking another thread where this subject came up. The topic is important enough to warrant further discussion.)
As @Tracy Z. Rewey pointed out, there's a huge dif...