I know the topic of umbrella insurance comes up here periodically.  I was just out shopping for new auto and umbrella policies, and most insurers won't write a personal umbrella that covers an STR if the underlying po...

I am under contract on a deal in Allen, TX and processing the loan. Its a rental property. Lender asked me to get a quote for home owner insurance. I reached out to few insurance company. Quotes came about $1400-$1800...

It is my experience that many investors do not require their tenants to carry renter's insurance. My goal of this post is to educate one on some of the liability exposures of have uninsured tenants can pose- I am sure...

One of my tenants called today and said there was a copperhead snake near the storage building in the backyard.  My lease clearly states that pest removal is the tenant's responsibility.  I always try and do the right...

I just want to get some opinions. For a new investor starting out, when would be a good time to get an umbrella policy? When you hit a certain number of properties? 2 houses, 6 houses.When you have a certain net worth...

I am looking to purchase a commercial property in the downtown mall in Charlottesville, VA. 6000 sq ft. total. The location is A class - perfect. There are two solid tenants (restaurants) with 5 year leases. They pay ...

This story is almost too crazy to believe but its all 100% true.  This was my wife and my 1st investment property.  Technically when she moved in with me we started renting her townhouse she owned out but the property...

Hello BP Community,I am about to close on a single family property that will need a bit of work before it is ready to be rented: foundation, roof, some electrical, cosmetics including drywall, painting, floors etc. It...

I know how folks say sometimes they see their life in review when something traumatic is happening. I'm now a convert to those thoughts.
I flew to TX to sue a couple people and then drive my baby, a Hi performanc...