My husband and I are shopping around for insurance quotes for our first rental property. Any suggestions as to how much coverage, what we need, how it works?
Thanks!
I'm looking to close the escrow in the next 3 weeks. This rental property title will be under a newly established LLC and I'm going through the loan procurement currently. Need guidance as I'm confused:
1) what all ...
Hello, Is there such a thing as Renter's Insurance for landlords? Meaning if a tenant doesn't pay his/her rent, can I buy insurance to cover for the missing rent payments.I refinanced my rental property a few months...
I know this is subjective to a multitude of different things, but is there a number that you experienced investors look for monthly cash flow? 4unit -$300, 8 unit- $500, etc...I have a couple properties in mind but I'...
Hi, I'm looking to buy a fourplex near Tampa in Florida. I'm having hard time to find lenders that would lend to an LLC. My mortgage broker suggested me to take the loan and then do a quitclaim deed to the LLC. Can an...
If I am purchasing a non-owner occupied 4 Plex that is titled to my personal name. Shouid I get a personal lines, DP policy ? Or a habitational commercial policy? I have one insurance agent recommending a personal l...
What are people requiring as a minimum coverage for tenant's rental insurance. The different line items seem to be; contents, loss of use, personal liability and medical payments to others. I realize this likely var...
I'm doing a flip and my insurance agent won't insure the home because it's vacant. I live in Albuquerque, NM. Does anyone know of a good insurance option?
Hello BP World,I have been selling properties on land contracts to other investors who rehab them and need a little guidance on what needs to be in my contract in terms of types of coverage. 1. I originally thought ...
I'm looking at some deals and I found this one that is calling to me, it looks like a great deal for a long term rental, but, the property is on a flood zone...Do you have any experiences with properties like this?Wha...