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For a single family property, do you require your renters to have their own insurance in addition to the home owner insurance already in place?
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Is there a need for extra umbrella insurance (extra 1 million or extra 2 million ), over and above regular individual insurance of $1 million on each individual property I own. I own 11 properties with biggest one be...
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I own condos which are part of different HOAs.I see a lot of money goes into Insurance ( flood wind sink holes etc ) Some Small Associations around where I live (Tampa Bay - Florida ) have opted to go just with Liabil...
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Hello! It's great to be a new part of the BiggerPockets community. My name is Abbie Gibson, and I'm a Johns Hopkins University student currently studying remotely from Stonington CT. My real estate interests focus on ...
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Is there a specific type of insurance that may be better for a MHP that is tenant owned as opposed to park owned? Just wanting to make sure I am covering all my bases.
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Just received a call from my insurance broker that my current insurance company is no longer covering hurricane insurance. They recommended another insurance company who is charging 3x my current rate... you know it'...
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3 years ago I purchased a nice home to rent out. The house has no mortgage on it. In March my tenant burned down my house due to "careless disposal of a cigarette" per the fire report. The lease specifically states th...
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As Dodd Frank Act coming, I can see that LO investor should use MLO ( Mortgage loan originator) as our middle man to structure a deal. I used to close a deal in an attorney office. My question is if you put a MLO i...
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Hello,
I currently own 36 rental homes. To add an extra hedge of protection and picked up Worker's Comp.
Couple questions:
If you have a sub do any work should you make sure they show a workers comp insurance pl...
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HiI recently purchased second home with the intention of moving in. I got the loan for primary residence with 5% down. But only lived there for a month and had to move back to my older house and rented the new one. ...