Hi everyone, I am a house flipper hoping to segue into rental properties in the near future in hopes of earning cash flow. I have short term goals of house hacking a fourplex, and long term goals of owning larger apa...
I recently bought a SFH with mother-in-law unit. I have a renter in the MIL. We have normal homeowner's insurance on the property. I've heard that a landlord insurance policy is more expensive than homeowners insuranc...
I get a feeling that my local insurance agents always take advantage of my ignorance. How do I choose the best coverage? I'm a developer and majority of the work is either gut renovations or new constructions.
Hi Landlords,
I'm having trouble finding insurance for my California rental properties. Most companies aren't taking new policies. Any tips or recommendations for getting coverage in our state?
Thanks,RK
I'm about to get another house under contract and I'm using hard money to fund the purchase and rehab. My lender requires insurance and it can be difficult to find a company willing to insure a fully gutted property f...
Hi All, I am a landlord in NJ and am seeking your guidance on what kind of renter insurance coverage I must make mandatory to the tenant.1) So far I have been asking for following bare miniumum coverage. Is this cover...
There was a small fire in one my units and the unit will be unlivable for at least a week. What do other landlords think about my obligation to pay for temporary housing (i.e. hotel room) for the tenant while the unit...
I have to switch from Home Owners Insurance to Landlord. My agent quote me the following, please let me know your thoughts.
P.S. Someone suggested liability is too low, but did not said what would be a good coverage....
Hello,I am looking to purchase my first Mutli family 2 flat property this upcoming spring. My market is in the west suburbs of Chicago. I would like to know if there’s any type of recommendations I should go with In t...
Hello BPI, I was out shopping insurance quotes for a 6 unit M/F property. My Insurance agent pointed out their max for a landlord policy is 4 units and anything above that has to go commercial. Is this industry standa...