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I am hacking a 3flat(triplex) and am shopping insurance. The insurance broker I am currently working with is offering a commercial plan which seems like overkill to me. What is typical for househacking?
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Hello all,If a property management company lets potential tenants to visit a property themselfs after they pre-screened them over the phone and one of the tenants causes damage for the property does the General liabil...
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After reading the good old thread (LLC vs Umbrella Insurance), went ahead to buy the umbrella insurance policy for now. May consider LLC if I have more rentals later.
I want to share my rate with you guys because I t...
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I just inherited property management client, whose tenant has a big dog. The city has put the owner on notice that this dog is a potential liability. This got me thinking about renter's insurance. (this post is not ab...
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Is Renters Insurance A Requirement For Your Tenants?
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I am in the process of developing my first rental agreement and am wondering about requiring renters insurance. Do you require rental insurance from your tenants? If so, do you specify the minimum limits they have t...
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Hi -- I made a hard money loan that ballooned in 12 months. We are 5 months past the 12 month mark and have not signed any paperwork. The borrower has been making monthly payments on time. My lawyer is saying that t...
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Has anyone run into issues getting title insurance on a short sale? We seem to potentially be running into a problem.
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I buy properties on judicial sale and sell them in as-is condition to investors/rehabbers . I don’t know conditions of properties. I disclose that in the state required disclosure form. I hold the property couple of w...
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I am considering this and it covers three months loss of rent. It costs $17.95 a month. Is this worth it?