Do any escrow officers, title professionals or private lenders happen to know if a private lender can obtain an ALTA title policy (lender's policy)? I'm in the process of doing my first loan (as a private lender) an...
Hello, wife and I have been shopping for insurance policies for new rental condo. Property manager wants to be put on a 1 million dollar liability policy.Is it possible/good idea to get lower liability insurance poli...
I recently purchased a new primary residence and plan to turn my current home into my first rental property. I’m not expecting to purchase any more investment properties in the near future. With this said, is an LLC n...
Anyone ran into this situation? Insurance company won't issue my any kind of policy bc the house is vacant...not even a landlord policy or 2nd home policy. Is it typical to just be without insurance during renovatio...
I'm looking to save money on property insurance and wanted to run an idea past the community. My wife and I own an owner occupied duplex, another duplex, and are closing on an additional triplex. I'd like to move the ...
I have a life insurance question for the community. I'm looking to purchase an apartment building with a few investors. There would be a minimum amount of time I'd want everyone to keep this investment so I wanted to ...
My brother owns a home with a pool. They want to turn it into a rental . He is afraid of the liability that comes with an in ground pool. What are his options? Can you safely rent out a house and have proper insurance...
I have been getting quotes for insurance on my first MF (9 units) that I am under contract to purchase. Almost all, except one, of the insurance companies I have received quotes from are telling me they can only d...
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...
Hi All,I currently own two rental properties. The first was financed as an investment property and set up with the insurance company as an investment property. The second I had trouble finding a bank to lend, so it wa...