Ron Singh
Insurance spiking at next renewal (never had claims )
Hi all,Re: insurnace (primary res + rental sfr + Auto)I noticed this year my insurnace premium is increasing on all primary res + rental sfr + Auto by around 30% (3 yrs with this insurance provider ) I never had any c...
Nicole Wood
Is an LLC a good idea?
I am thinking of forming an LLC. My sister and I are trying to get into REI. We want to do small rentals (multifamily homes) and flipping as well. We are in upsate New York. I am hoping an LLC will help with loans. My...
Bola A.
Insurance policy basics
What are the basic component of a good insurance policy? Thanks.
Chad Jarrah
Does Homeowner's Insurance Ever Accompany a Property Purchse?
Hey BP'ers! Has anybody ever heard this or come across this? Can a property ever be purchased and the homeowner's policy goes with it. More along the lines of a claim made? Ex: If there was water or fire damage and yo...
Kristel Lim
Claim an insurance for reroof or pay out of pocket?
Hi all! The roof on my rental property has caused water damage inside. I've already filed a claim on my other rental property because the filter has leaked 2 years ago. Should I file another claim for a reroof or pay ...
Aaron Aguilar
Spec home dilemma
As an architect by trade for over 20 years, my dream has been to build what I have designed. As in the business of architecture, after every completed project is done I’m basically unemployed. With that being said,...
Grant Shipman
What Insurance Policies Should Be Considered by a REI?
I am new and wanting to build on a good foundation for purchasing 3-20 unit multifamily buy and hold- please chime in if you have helpful thoughts. Please list the insurance policies / types of insurance I should con...
Lenin Belangonda
Renting primary residence
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. ...
Jin Zhang
Should landlord be added as additional insured?
Hi everyone, I am researching about renter insurance and if landlord should be added as additional insured or additional interested. Most articles do not say about if this is a bad idea or not. And it seems to be fine...
Kimberly T.
Sewer drain leak, water damage. What to do now about insurance claim?
Hi all, I just discovered this site when researching how to handle my current situation, looks like a great resource! I'll post in the new member forum, but in the mean time, I am looking for some advice about our...