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Thought this would be an appropriate question considering half this country is going to be under a deep freeze.Do you leave the central heat on low or do you let some faucets drip water to prevent frozen plumbing? I ...
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I wanted to see if anyone can provide feedback on Rental Dwelling insurance. I currently use Statefarm and my premium just went up from $450 a year to $500 for the year. Now I know this isn't a big jump in cost on a d...
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I was sold a Hard Money Lending package a little over a year ago. There initial contact with me explained how the company makes loan to real estate investors. I explained to the sales agent that I was new to this busi...
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I just received a text from a tenant stating their car was broken into last night. They have not called the police because they said they didn't have the time this morning to do so and they don't think it's worth it a...
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We have just finished rehabbing an apartment, electrical wiring, plumbing, paint, furniture, everything new.The FIRST vacation rental (Airbnb) host the we received just left and it smelled tobacco like crazy.We made i...
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LIABILITY - Continued Always carry as much liability protection as you can afford. As a minimum, you should carry $1,000,000 per occurrence. The larger your portfolio, the more liability protection you should have. Su...
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Hello BP Members! This my first post. After being a member of BP for 2 years and soaking up as much of the priceless information on here as I can, I decided to finally get started on my investing journey. I will be ta...
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Has anyone found any type of sewer backup insurance coverage for rental properties? I live Wisconsin and my insurance does not provide this type of coverage. There have been properties that have had issues with their ...
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Hi All,
Background:
I recently had a tenant leave my property (prior to having to go through the eviction process) who was multiple months behind in rent, had late fees, and damages to the unit documented and itemiz...
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OK, we had our kitchen redone in our primary residence this spring.
a few weeks ago when we got the first 'polar vortex' our dishwasher failed to drain overnight. Since it was still under the 1 year warranty...