Taking a property subject-to with an escrowed mortgage payment. Typically in the past when I've done this, I'd take out an additional homeowners insurance policy under my name. I was concerned that if something happen...
I've been considering putting our properties in LLC's using a land trust set up. My accountant mentioned that we could just increase our liability insurance policy instead of paying the fees every year for the LLC's ...
Hi, I am about two turnkey properties. Do you recommend supplemental insurances policy (caused by tenant negligence) and preventive maintenance (HVAC and termite)?
I have 2 rental properties (NY), but just have a standard rental insurance policies. I cannot get an umbrella policy with my current insurance company because I do not own a car. Do you think i am protected adequately...
My umbrella insurance just got canceled by Geico recently after I acquired my 7th property. They said that they have a max cap at 6 properties only. (My portfolio is in Chicago area). Is that what others experience as...
i bought A home insurance policy for one property. I lived there. But then I buy a second home, and will move out of the first place.if I buy a second policy for the new home. Will my first insurance rate go up or c...
Hello St. Louis property investors! I'm seeking insurance for a 6-unit property in St. Louis City. What do you make sure your insurance policy covers? Is there anything unique to St. Louis that should be included on m...
Hello BP folks! Can anyone recommend a good agent for a dwelling or landlord policy for a single family home rental in Indiana? I need one where a property manager can be listed as an additional insured or co-insured...
Hi guys, So I'm in the middle of owning 6 rentals in my first half year of real estate investing and I'm pretty burnt out. As of now, I have 4 condos and 2 houses. The houses are a little older and carry more risk tha...
I am in contract on my first o flip property and have been pricing around a builders risk insurance policy. I’ll be the GC on the rehab and will be subbing out some specIalty trades, house will be a cash purchase.
O...