Jeremy W.
Protecting/Insuring Property while doing Airbnb
Most people are asking us: Does our current property insurance protect our home when we do Airbnb/VRBO? From everything I've read, the answer is no. Is this what you guys are finding?We've come across this question ea...
Jennifer Christensen
Sewage damage to townhouse rental
We had a toilet at our rental overflow (not exactly sure why yet) but it's caused around 6k worth of damage.The disaster clean up company we're using has a de-humidifier that is making the rental over 90 degrees insid...
Natalie Marshall
Insurance for Class D neighborhood.
Im a newbie and I would like for anyone to give me pointers in obtaining landlord insurances for my properties. They are in a Class D neighborhood but I need to protect myself against suits etc etc. I would appreciate...
Naveen Desai
Roof Damage, Insurance to claim or Not to claim
Hello, Back in August we had some roof damage to one of our rental in Dallas region. We got an estimate from a roof repair company and the estimate came to 12K.We got the insurance involved and while they agreed ...
Andrew Korver
Insurance questions from a newbie house hacker
Hello all,Newbie question here. I am due to close on my first deal within the next 40 days. As such, I have contacted my insurance agent to obtain quotes for my existing home (which will be converted into an SFR) an...
Dave Clark
Need HepUmbrella Policy
Hello BP community,
I am an investor with properties in California and Ohio. I am looking for an umbrella policy to supplement my individual property policies. I am having trouble finding an insurance company that co...
Mehran K.
Insurance Advice: $1MIL Liability Coverage - Do I need an Umbrella Policy?
Hi all, need a little advice on Umbrella Coverage.
Right now I'm buying&holding residential properties(1-4) that are under $100k appraised value. I don't plan on using an LLC yet so I can make financing into conf...
Spencer Wetmore
Upfront PMI Deduction
Hi Everybody - I purchased a 4 family home in 2016 using an FHA loan and paid 1.75% up front PMI at closing. Does anybody know if and how I can deduct this amount? All I can find online is this is normally amortized o...
John Travis
Premises liability versus umbrella
I’m closing soon on my first Single-Family rental home. Good chance my renter will have a section 8 voucher. At this point in the process it’s too late for me to form an Llc for the mortgage. I’m strongly advised not ...
Account Closed
Earthquake Insurance Anyone?
Hello,
I am considering earthquake insurance for my two properties because they are only a few blocks away. If I had a quake I would lose both homes. If I had a more diverse portfolio I would not bother wit...