Kaleb Musie
Possible Insurance Claim Issue?
Hello Everyone,I'm purchasing an investment property in Memphis, TN and wanted to verify the information below is not problematic.Through research, I came across that Name Insured should equal name on deed, otherwise,...
Ronald G.
Subject to - insurance, taxes included in mortgage
If I do a subject-to for deed at closing, and insurance and taxes are included in the mortgage payment, does the owner cancel the insurance policy? And would this not affect the monthly payment?
I doubt the bank will...
Gene Fereaud
Writing off "cash on top" of a financed duplex purchase
Hi there!Just bought my first property. But in the competitive Los Angeles market, I had to put up additional cash on top of the deal in order to have my loan taken seriously. Anyone in SOCAL familiar with how to writ...
Benjamin Misner
SUBJECT TO-Home Owner Insurance
On a SUBJECT TO, since the deed has been transferred over you, do you need to get home owners insurance? Or should you be added as "additional insured" on the property with the person who keeps mortgage in their name?...
Ivan Oberon
Installment #14 Insurance Issues for The Real Estate Investor - Creative Acquisition Strategies
Installment # 14 – Insurance Issues for The Real Estate Investor"Creative" acquisition strategies, and how to properly protect you and your entity (ies): Let’s focus now on the very misunderstood issue of how to prope...
Andy S.
Landlord as Additional Insured vs Additional Interest On Renter Insurance in New Jers
In New Jersey,Is it advisabel to have me the landlord added as Additional Insured vs Additional Interest?What would any of investors here advise and why?Appreciate if any personal experience can be shared that trigger...
Anna Milligan
Renter's Insurance Liability and "additional insured"
Our insurance guy is telling us that we should have a requirement in our lease that the renter have renter’s insurance for $500k liability. He said most policies are at $300k, but it’s only an extra $10/yr to bump up...
Kevin Sapp
Is this unintentional insurance fraud?
Hi,Have a property in Texas that received a hail damage settlement. I own the property outright. A friend said that if I don't use the money from the insurance company to repair the roof it is considered insurance fr...
Yaping Zhang
Additional Insured for Property Manager
Hi All,My property manager needs me to put them as additional insured, but I quoted around, many carriers just don't allow that. One carrier allows additional named insured, but don't provide additional insured option...
Luis Felix
Property line dispute with neighbor.
Ok here we go, my mom has had her house for 25 years. She resides in California. The fence is and has been on the neighbors property by a couple feet the whole time she has lived there. The lady living there for the l...