Susan Barlow
STR Insurance - what is best?
My husband and I just had our offer accepted for our first STR. We currently have one LTR. As I am researching insurance for STR, is it better to go with Proper Insurance, who claim to be the only STR out there (I h...
Charlotte Edwards
How much insurance do I need?
The purchase price of our house (in Illinois) is $68k and one of the insurance agents I got quotes from (still waiting on the other) gave a quote actual cash value (56,000 being the coverage amount) for $300/year, but...
Samuel Boyd
Short Term Rental Insurance for FL
Hi everyone. I have a property that I am trying to convert from a long term rental to a short term rental in Palm Bay, FL (property #2). The property is owned outright and does not currently have insurance at all. I g...
Carrie A.
Home owners insurance on a duplex
Holy crap!!! I'm going through with my first deal. It's a 2/1 duplex with a carport. Got my first insurance quote! Wowzer!!! $1700.00+ per year!!! AND, they are super concerned about how much experience I have wit...
Account Closed
Typical terms for loans on both MF and SFH investments
Ive got several properties ive purchased with cash and am looking to refinance. One of them is a very recent purchase (closed two days ago) and one is a commercial property I am renting out and have a stabilized NOI....
Roman Puzey
Question on property insurance for primary house hacking residence
Hello,
Wondering if this is a good quote in terms of numbers and things that are covered under this property insurance
$302,500 Dwelling Coverage + 100% Extended Replacement = $605,000 Total Coverage to rebuild th...
Miguel Oliviera
DP3 Insurance Coverage
Hi BP Community,I am getting quoted on a DP3 policy for a SFR in Jacksonville, FL. Purchase price was $84k and home value is $145k. I received a quote for an annual premium of $935 for $100k of liability coverage and ...
Colby Wartman
SHORT TERM RENTAL INSURANCE
Have a question for all the veteran STR folks out there. Hopefully securing our first short-term rental in Rockledge, FL. However, we are still searching other places such as Merrit Island for opportunities. Cutting t...
David P.
What insurance company do you use for short term rentals?
Here is Los Angeles I tried getting a few quotes and there are not many options it seems. State Farm does not offer short term/vacation rental policies. I got one quote from American Modern and it was on the steep end...
Mitchell L.
Transferring Title in Property from Personal Name to LLC via Quitclaim Deed
Hello All,
If one takes a property owned in personal name and transfers title via quitclaim deed to an LLC for a long-term hold, how bad is this? I read that title insurance is lost and this can be very dange...