I have two properties (combined value - $1M) in NJ. I have to decide between increasing liability insurance (that comes with home insurance) on both to $1M from current $500K or taking a $1M umbrella policy. Here are ...

Would you get an umbrella policy for your first property? I’ll be living in it for at least a year.

Hello all, I'm an insurance agent in NJ and relatively new to real estate investing. Hoping to learn more and see where it goes. I am currently starting an insurance agency so that in a few years from now I'll be able...

I currently have a $2 million umbrella policy and would like to get a policy that will cover me in the $3 million to $6 million range. I would like to know if anyone could recommend an insurance company along with a p...

Dear BP Family,  I'm going to inherit a tenant and become a landlord 1 month from today (if all goes well)!  I am forming a property management company to manage not only that tenant's residence, but also other people...

Who knows about the laws and rules regarding the # of units within a condo that are allowed to be rentals vs. owner-occupied? My understanding is that HOAs typically require at least 50% of units to be owner-occupied....

Looking for some recommendations for insurance agencies that provide umbrella policies for rental properties. I live in the Tampa Bay area. Thanks!

I'm under contract on a 12-unit multifamily building and looking at insurance options. One thing that isn't clear to me is what types of policies cover various situations. I think I understand the basics of personal h...

Hi,

We are buying a triplex in Philly, as a rental, not to live in. Regarding the cost of insuring the building, which is being purchased for $262,500, my agent quoted me $2486/year. Does this sound reasona...

We're about to close on our first rental property (woo hoo!). Does anyone have a go-to list of what needs to be done next? This can include how to get tenants, is it imperative to set up an LLC, and anything else you ...