What coverage amounts do you require your tenants to carry around Houston Texas? 3b 2.5 bath 2 car garage townhome. Thanks!
So, I'm getting ready to hire some contractors, not sure if they are license or not, some of the contractors were refer to me by realtors, and friends.
How do you handle insurance should something happen to one of them?
I have a duplex in Columbus, Ohio, which I am planning on turning into a short term rental. It is a 100 year old home, but it is in good shape. The kitchen and bath were remodeled this summer and the entire unit was...
Hey everyone,I want my buyer to get insurance on this deal, but I'm not sure what type of insurance they have to apply for. I've read that mortgage insurances are only available for institutional lenders and I haven't...
I paid a project manager to manage a new construction. When I asked him to issue 1099 MISC to all the subcontractors, he said since I paid them directly ( I issued checks), it will be my responsibility to issue them 1...
Hi,I have a SFH in Castalia, Ohio that we want to rent. I was wondering what the standard expectation for rental insurance amount should be. Here's the language in the lease: Landlord, in its sole discretion and for ...
I've been checking around with several Texas agents to to get insurance for 8 single family rentals in the name of the LLC that owns the houses. A couple of agents have suggested getting coverage under surplus lines...
Hey BP folks,
So I recently refinanced a property out of a land contract, into a 30 yr bank note. I originally purchased the property in an LLC, and the insurance was also in the name of the LLC.
Due to the bank req...
Is it typical for property managers to require the owner of the property to get liability insurance and list them (the property management company) as an additional insured person/entity? This guy is asking for $2m...
My bank sent me a closing costs estimate. This is for a conventional loan of $142,000 30 yr. 5% interest.
I am wondering if there are any costs that can be negotiated down, i.e., any charges they add that may...