As the title says I need help understanding umbrella insurance for my case. I have two properties 1st under my revocable family Trust and second which was my previous primary residence (Under Trust) now moved under an...
Good morning BP - my business partner and I are getting ready for our first project. We have everything lined up except for an insurance provider. We are targeting a low end flip to start looking to get in and out a...
Hello BP Colleagues,I am buying my first SFH rental (4bed, 2150 sqft) and wanted to run the insurance policy quote and details by the community as I am not fully aware of things that I should be opting for in a landlo...
Hello BP, I'm about to purchase my first rental property, and I'm considering not using an escrow account to pay my insurance and taxes. Below are the factors I'm aware of, but I welcome any and all thoughts on the ma...
2yrs ago I purchased a property using a hard money loan to refinance. Fast forward till about 2 months ago. I received a legal documents stating there is a title issue on the home so naturally I contact my title ins...
Hi, We are planning to rent our rental property for a tenant with pets (small dogs). We're doing it for the first time and got the details about the restricted dog breeds from our home insurance agent. Can you pls hel...
I'm currently doing my due diligence on a multifamily that's located within a college campus. It's current tenants are not students but my plan is to replace the tenants with students within the year after purchase. ...
We're set to close on our STR in Florida in a couple days. Getting insurance on it was a nightmare. Several quotes, all over the map on price. I basically got a policy last minute that is VERY expensive (it's Florid...
Hello RE investors,I owned several duplex/triplex rental properties in San Diego, and Nationwide is our commercial insurance provider. Last year, i had to file two water damage claims for two units. Because of that, N...
Has anyone found it economical to get insurance on home appliances (washer, dryer, dishwasher, HVAC, etc.)?Any recommendations or advice, if I only have two units in which I would need to do this?Thank you in advance.