We are taking on a client that has had a standard landlord policy on their rental.  We required them to buy an overnight rental policy before we could assume management.Self managers, it is really important that you h...

Here are some topics in an agreement that have my concern:
- Waive the requirement for approval from owner for any repairs or maintenance of any one item under a specified amount (one company is asking for $600…). Th...

Hey All,
I currently have a client (buyer) under contract on a fixer upper. She is using financing, and we have a few issues. Insurance won't let us bind until they are remediated and the seller is not willing to he...

Hello,I own a townhouse unit which I am renting in NC. The HOA has informed the owners that the HOA master insurance policy will only cover the club house/swimming pool and the common public areas. It will no longer c...

I moved out of state and continue to manage most of my rentals myself with help of reliable contractors.   My Insurance company demands to hire PM company or they would cancel the insurance. What insurance company w...

Title insurance in Dallas county, TEXAS
What is the typical cost of a title insurance policy if I am re-financing my own SFR? I am being charged $2500.00
Home appraised at $350,000
Should I purchase homeowner polic...

My name is Paul and I  own a sole proprietorship LLC which we will call "Gold" for this discussion. It is a pass through entity on taxes, and I am the sole member.How important is it whose name is on the insurance? Fo...

Is home insurance and property taxes considered part of the mortgage? I am wondering because I am trying to calculate NOI and hence cap rates, so I want to make sure I am using the proper standards. Thanks in advance!

I have explained in prior posts that a broken water pipe did severe damage to my house. The insurance companie's remediation co did a lot of demo work and set various machines to dry the house. Now they say they are d...

Buying a SFH we will move into & Househack. First time using a 203k loan to finance rehab of property. House is habitable on day of close through contractors will be working there. How do we insure this - before a...