Hello! I recently purchased a home in Michigan and it has a fuse type panel. I've called several insurance companies and no one wants to insure it due to the old style panel. I am planning on updating all the electric...

Let's say we will do the 5% down and CMHC insurance will be added to the mortgage. Now let's consider refinance the property after 5 months, at that point Lender will refinance the 80% of home ARV.Does that mean, at t...

I see a lot of questions regarding Umbrella Insurance and I would like to answer as many as I can in one post. Simply put, Umbrella Insurance supplements your base coverage. Most Home owners policies and Landlord poli...

With insurance premiums for apartment properties increasing so dramatically in recent years, I am leaning towards trying to save some costs by increasing my deductible to the highest deductible possible. For example,...

Hi,

Does anyone here require their tenants to have renters insurance? From Ads I have heard it can be very low for a renter to have.

Perhaps instead of requiring it give a little education to the tenant about the b...

Hello everyone, I need advice from fellow realtors from California about Auto Insurance.I am a new realtor. My broker wants me to change my auto insurance policy to commercial auto insurance policy. Also my broker wan...

We are about to close on a rental property in Daly City, CA (just south of San Francisco). $980k, 5-bed / 3-ba, built in 1959. I obtained some insurance quotes and trying to figure out which is the better option. Just...

Hey BP Community, I need some advice/help with a little curve ball that was thrown my way with my first rental property. In October I purchased a duplex which I'm currently house-hacking. There is a brook which runs i...

I am interested to know what you do for Health Insurance after you left your W2 income to go full time in REI? I am wanting to plan for the future, since my goal is to be full time in 2 or 3 years. I have the option o...

Hello BP community, After almost getting hit with a category 5 hurricane in South Florida, I wonder if it is a good idea to have more coverage or less. As investors, we try to keep our costs low, therefore, the goal w...