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I got a call from my tenant yesterday that the bay window in our rental unit has been smashed in by vandalism. I submitted a claim to Allstate, and the promptly called me to today to let me know that my landlord's po...
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Hello,I just received a Landlord Insurance quote from Liberty Mutual for $2,707. Does this seem high?Background: 2-Family Built in 1896Located in Cincinnati OhioUpdated Plumbing and ElectricalI will not be owner-occup...
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I need some advice on insurance. I have been using Allstate for years and have a couple of issues/questions. A new limit has been placed by Allstate and they won't write more than 4 LL policies per insured. I am gr...
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Hello BP Community,I'm about 6-7 months on the site but slowly starting to be more active on it. I'm trying to decide whether to file a claim on the roof of my 40 unit apartment. I'm only a few months into the prope...
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Hey BP nation.....I need your input!In response to y most recent Yellow Letter campaign, I had a owner call me looking to sell a duplex that is in GREAT condition and cashflows VERY well. We have not yet decided on p...
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We are looking at a house (a long term hold) to purchase. I found out that it is in a flood zone. Would you buy it ? I would appreciate any feedback against of for buying it.
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Good morning everyone, I am a new investor in the state of Maryland and anxious to purchase my first rental property. I have selected a realtor thru Bigger Pockets, I am currently analyzing deals and will soon be pla...
Hi, I had two questions regarding the process of converting a personal property with a personal mortgage attached to it to an LLC. After communications with a lawyer and the mortgage lender we are in the following sit...
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Ok landlords,Who's been sued. Tell me your story and did a LLC help or not help you? Did a large umbrella policy protect you? I think we've all been going about this from the wrong side whether you need a LLC or n...
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Hi, Folks. When I get to the point where I want to do real estate full time and leave my FT job, do any of you have contacts for real estate groups who buy health/life/dental insurance as a group and, thus, get thei...