I'm just curious whether hard money loans are ever collateralized by anything other than the real estate being purchased. I'm reading an application that sounds as if my personal assets would back the loan. That even ...
Hello BP, Hope all is well. We're about to close on our first two unit multi-family home and was looking for some help on which type of home insurance to purchase. We plan to live in the first unit. But I don't want t...
Hey everyone,
I have a rental property in Baltimore that I have been using as a long-term rental for nurses throughout the pandemic. Long-story short, I decided to stop using it as an Airbnb in the fall, stopped taki...
Do You Require Your Tenants to Purchase Renters Insurance to Lease Your Property?
Moving forward, I plan to move into a new house, and then rent out all 5 bedrooms. Please advise. Thanks in advance!
Can you make it mandatory for your renters to carry rental insurance? So if they are found to be negligent it goes against there policy and not just yours?
So I am currently working to close on my first Duplex and called for property insurance. The insurance company recommended that the renters get renters insurance, and that it should be on the lease. I'm not sure if th...
Im told that tenant should be required to carry renters insurance but most cancel after a few payments Ive heard. Should you just increase the rent by the extra 20 dollars or so to new tenants monthly rent or resignin...
Hello everyone, I recently purchased my first rental unit on 1/28/22 located in Hartford, CT. I met most of the tenants except the 1st floor. While doing the showing I was told the first floor tenants were out of coun...
Hi BP,This is probably a stupid question but wanted everyone's take on Landlord Insurance. I'm located in the Bergen County, New Jersey area and fortunate enough to be moving into a new primary home within the next mo...