Do I need to add supplemental on top of my existing homeowners insurance because it’s an investment property? Specifically wondering about coverage of tenants and if that even matters

I am a new investor who will be doing the BRRRR strategy in Ohio.I am in the process of creating an LLC.I am told I should get property insurance, and an Umbrella policy....Should I be getting a "personal umbrella pol...

Hello BP community, I'm planning to do my first flip. Question is about the insurances?Do I need to get one for the house during the rehab process? Does every one does it? how common is itAbout my GC. Does he needs to...

I just finished reading The Debt Millionaire by George Antone. Decent book (although I would recommend The Value of Debt in Building Wealth by Thomas J. Anderson over this one - somewhat similar concepts). The autho...

What is the best practice when it comes to requesting Renter's Insurance, to have the Property Manager listed as an "Interested Party" on the policy, or listed as an "Additional Insured" on the policy, or both? 

Hello,I'm a first time investor, about to start looking at properties but I want to complete my investment team before I start making serious offers.I'm hoping someone can help me with what insurance companies in the ...

I would like to hear from any knowledgeable members who a solo 401K trust.  My question is how did obtain liability insurance on rental properties that the trust owns?  Also can the Trust be sued for issues that arise...

Hello we purchased a home in December. Initially citizens insurance approved it but then told us they were going to cancel Our policy is the roof was not repaired within 25 days. Then they said they would extend it to...

Morning BP!Quick question as I'm working thru my first flip. Is it standard to require Homeowners Insurance premium for the full year to be paid in full at closing?

Hi all, I'm long-term renting a property to tenants (a husband and wife team) who will short-term rent the property via AirBnB, VRBO etc. My home insurance carrier (State Farm) seems to not be familiar with this arbit...