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Good afternoon, BP.When you start out and buy that first duplex (or other multi-family property), would you rather A) save enough in your reserves that you're covered for at least 6-months' worth of lost rent? or B) u...
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I have a townhouse that' coming up for a lease renewal. I am pretty sure that my tenant wants to renew it. I previously used a HAR standard lease from my agent. I was wanting to get a more comprehensive lease. Where c...
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What's everyone's stance on having their renters carry renters liability insurance?
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3 years ago I purchased a nice home to rent out. The house has no mortgage on it. In March my tenant burned down my house due to "careless disposal of a cigarette" per the fire report. The lease specifically states th...
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Hey my fellow investors,I'm looking for a new market to break into. Phoenix is over saturated with investors and deals no longer make sense. I currently own 7 rental units 3 in Indianapolis, IN and 4 in Killeen, TX. I...
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Hi all,
I am just curious of everyone's opinion. I am not in the position to begin investing yet, but I am working on rental analyses until I have the capitol. With that being said, for the experienced investor, d...
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Hi fellow BPers,The property management company is requesting to add their name as additional interest in the landlord Home insurance of my investment property. Is this usual? I have had multiple rentals and none of t...
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Hello, I have a good friend that just put his second STR onto the market. He called his insurance company, and now that there are two, they don't want to cover him. Any suggestions? How can he go about finding adeq...
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I launched an MTR in Asheville, NC in 2018, and have had 13 tenants so far. After the first few turns I realized that compared to LTR the MTR model has a great additional benefit, meaning additional to the increased c...
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Thinking about the sears home warranty. The one that's $70.00 a month with a deductible upon visit, accompanied with $10,000 worth of damage per year. This covers appliances and home care like electric, plumbing, Air...