Hi BP,I am 23 years old and new to real estate investing from Toronto, ON. I am looking to do my first deal in London, ON, but want to understand the potential costs of Insurance for rental properties, from what I und...
Hello,
I am currently in need of renewing my insurance for two rental properties I own in Detroit, MI. Since last year I have transferred property titles of my rentals to my LLC. I understand I need to transfer my in...
My friend is considering purchasing a vacation property at the beach and renting it out. A main concern is if the town gets destroyed by a storm yet somehow the houses are still rentable and you cannot get an insuranc...
I want to pull the trigger on my first rental property.Here are the numbers:PP is 99k and turn key. The rent rates are cautiously 1200/monthThe tenant will pay utilities and rental insurance I'm estimating is 100 a mo...
Hi everyone, Is it common practice to add the property management company to your rental insurance? Our PM is asking us to do this. Are there any reason not to do this?
I have home and auto insurance with farmers, I am getting started on a rental home. My farmers insurance agent places me into something called Wellington insurance stating that it’s cheaper then it would have been by ...
Hi all
I am working on a deal right now to purchase 14 fourplexes in New Orleans. Cheapest insurance quote we've gotten is $6,250 per fourplex and that's killing the debt service coverage ratio. Anyone know of any in...
Hey Everyone,I have had a rental property for a while recently just found out about BP and could really use some help. I have a rental property in Austin, TX (2/2 condo). My unit damaged the unit below I figured I cou...
Hello BP Community! My wife and I are considering making our primary residence as a Medium term/ Short term rental. So we currently have our home insurance, but they wont cover anything with regards liability or perso...
Hi All,I am looking for rehab insurance and rental insurance cheap price . Which company will gives best policy including theft etc for $80k houses. Any suggestions please. I can go with company in any state or only i...