Konrad R.
Is 10k for water damage sufficient?
The policy I was quoted has a 10,000 limit for backup or discharge of water. I'm concerned about a pipe bursting and ruining the floors, drywall, and kitchen cabinets. Do you think 10K is sufficient? What is the norma...
Stefan Shirley
Homeowner Insurance for Rentals and Primary
Insurance Problem: I'm struggling to understand what I actually need for property insurance. I have three single-family rental properties (IA, IN, MO) and my primary single-family home (VA).
My IA home is paid off an...
Zachary N.
Finding Insurance - STR/MTR that is rented room-to-room (3/2 w/attached ADU)
Hi everyone, my name is Zack and this is my first post here. Big fan of the BP podcast and I am an early stage RE investor. The strategy for my wife and I is to buy and hold (rent), and our first home has been a house...
Clifton Ho
Tree Damage to Tenant
Hi Guys,I have a rental property in Kansas City, MO and a tree branch on my property has fallen and damaged my tenant's car that was parked in the drive way. He is asking for my insurance or me to cover the damages. H...
Steve Kirsch
type of Insurance for rental properties
Hello BP family. I have 2 questions and need advice please:1. What kind of policy and how much insurance coverage is needed for a rental property?2. When investing in out of state properties, is it better to use an in...
Bradley Jernigan
Steps that helped me cash-out refinance twice within 2 years!
Successfully cashing out refinance a 26-unit multifamily apartment complex requires careful planning and execution. Here are the essential steps to guide you through the process:
1. Property Assessment: Begin by eval...
Evan Hauler
Seller making repairs
Hello everyone! I am looking at a duplex that is 400k and rents for around 2100 each side. In a great area, it is newly rehabbed and looks to be done well. However there are very large horizontal foundation cracking ...
Donovan Sivels
Buying multi family unit under my LLC
Hi Bigger Pockets family I am wondering how buying an investment property under my llc would work ? the LLC is new and I haven't established business credit would I have to PG for the property or could I put it under ...
Alan Clarke
Property Manager and Insurance question
I am about to rent my first house and I will be using a property manager, I have some question about the contract. The hold harmless part states:HOLD HARMLESS: OWNER (me) agrees, at OWNER'S expense, to indemnify and...
Adam Craig
Any "go to" insurance company for rental properties?
Right now I have nationwide - they are great for my own home but my commercial policies on my rentals are very high. Before I shop around I was wondering if anyone had recommendations for rental property home owners i...