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I am currently trying to buy a house outside Boston (absolutely brutal market) and my realtor just told me the more money I can put down on the property, the better my offer will look. My question is, why would a sel...
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How does home insurance works when it comes to investment property? Owners usually put in the lease that tenant will be responsible for insurance.What happens if tenant doesn't pay the insurance or miss a premium or d...
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Hi,
Does anyone here require their tenants to have renters insurance? From Ads I have heard it can be very low for a renter to have.
Perhaps instead of requiring it give a little education to the tenant about the b...
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Hello! I’m looking at almost 9acres of commercial/industrial (no additional residential allowed to be built) w/ 2 residential units on the land currently. 1 is an old Stone house renovated into a top and bottom duplex...
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I have been looking around in the lms and have found that most hoa fees include insurance. My confusion is should an additional insurance amount be taken into account when calculating expenses or the insurance provid...
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I'm the primary insured, but my PM wants to be included on Liability policy. Has anyone heard of this?My insurer refused to accommodate the request saying they've had problems with PMs named in their policies, althou...
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After reading this forum, I started to wonder if I have a good insurance on my property.It's a duplex that was built in 1944, 2 bedrooms 1 bath per side. I live on one side and rent out the other side and this is my i...
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My main strategy has been fix and flips and I've built up enough cash and relationships with private lenders that I want to start getting rentals added to my portfolio and investing strategy. With that said, refinanci...
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Hey all, I have a situation. I just purchased a duplex and the current tenants do not have renters insurance. What do I do? They are not interested in getting insurance. My fear is if they do something that damages th...
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Is there any type of insurance available that covers tenant damage to a property?
I recently had a tenant move, she created extensive damage to the property (about $40k in repairs so far). I know I can sue her for $...