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Good afternoon BP, I am currently looking at purchasing my first investment. It is a triplex and looks to be a sound fist investment. I am wondering what kind of insurance I will need as I will be both living in one u...
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Hey all - I am getting a loan with a bank that requires a minimum amount of flood coverage ($250,000)If after 1 year, I want to adjust this down to say, loan value only, is that a possibility? Does that trigger issues...
I just bought a triplex in Oakland, built in 1917, my plan was to rent out the 2x 1br's downstairs, and owner occupy the 2br upstairs.I got a quote for insurance through an large agency, and a policy—and we were able ...
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Had an Umbrella Policy with USLI, but then they stopped writing them. The insurance agent I normally use cannot find an Umbrella Policy that covers someone with multiple rentals. It seems they all have limits such a...
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Hi! I'm seeking recommendations to insurance companies providing "stand-alone" landlord policies in Chicago. Any good experiences? Or companies I should stay away from? Definitely targeting best bang-for-buck options....
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I got a quote from my insurance agent with an exclusion for damages or liability caused by pets. I can think of a few ways to handle it, but would love to hear how you manage this liability.a) I could have a no pets ...
I just found Bigger Pockets after all of this time and this will be my first post....I have been involved in buying and selling investment properties for a while now and currently own multiple buy and hold SFR rentals...
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It's time for me to renew my insurance policy and I wanted to know what some of you guys are paying in the Houston area. I know there are many variables, so I expect a variety of rates. However, as a general rule of t...
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I cant find a STR insurance policy that inst 5000-1000 in Florida (Quote from Proper Insurance), this kills a lot of profit. Who do you use and how much is normal for a Florida insurance policy either as a business t...
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Sorry if these sound like newbie questions…
1) Under normal circumstances, what does a landlord policy cover?
2) Is a landlord policy necessary?
3) Which coverages aren't normally offered that a landlord should prob...