George P.
contractor wants me to get workers comp
I have a house that needs to be remodeled. one of the contractors said that since i would be hiring him and his crew, i'd be acting like the general contractor and need to pay for his workers comp.
i know not...
Amanda Culleton
Allowing pets in your rentals
My husband and I have a new multi family house that we rehabbed and have ready for rent. We are up in the air if it will be a pet friendly or no pets allowed property. But I had a possible tenant ask about a dog (pit ...
Shellie Johnson
Difficulty finding homeowners insurance to cover roof >25 years
Hello BP Community!My husband and I are currently in negotiations for our second property. We knew that we would have to replace the roof once we acquired the property. However, what we didn't anticipate is not being ...
Jhansi B.
Landlord (home owners) Insurance for rental properties in LLC
Hi Everyone,I have a question regarding home owners (landlord) insurance on rental properties(single family homes) that are in LLC. Every year insurance is going up I would say minimum 15%. I am looking to lower cost ...
Joseph Escamilla
Insurance when Rehabbing
A friend and I are under contract to purchase a property in the Poconos. The primary use will be as a Vacation home for our families to use with the potential to list it as a vacation rental in the future. We are get...
Sunny S.
Forming an LLC for three properties
Do I need to form an LLC if I have just three properties ? How can I protect my personal wealth if I don’t form an LLC ?
Zee D.
HOA pays Master Policy Premium but not the Deductible?
I have a rental townhouse with an HOA. There is a master insurance policy for the area that covers common walls, roofs, etc. As expected, there is a deductible for this insurance coverage. What is news to me is that t...
Asare Nkansah
Should we acquire an LLC while House Hacking?
My wife and I are moving into our house that's south of Denver (Castle Rock) with the intention of househacking it. There's a mother-in-law's suite in the basement that can be accessed through a separate external entr...
Laura Engel
Difference in Rehab Insurance?
I'm researching insurance policies for my 1st SFH rehab. Is a Builder's Risk, vacant dwelling all I "need"? I would rather have more than needed, without going overboard.... Thanks for your insights.
Rich Weese
flood insurance,fire insurance or none-
A recent post questioned whether owners buy flood insurance. There were a few posts and replies.
I've owned properties and paid insurance on well over 1000 homes in the last 40 years. Do you know how many insura...