Joel O.
Estimated Cost of Adding SQFT
Hey all, I plan on speaking to a handful of contractors today.What do you all expect the average cost of adding about 500sq ft to a single family cost around the Pittsburgh, Lakewood, Grant park areas essentially sout...
Vicky Yu
REO property that has no permit on addition
Newbie here, I just bought a SFR in N CA from Fannie Mae. It's a 3 br 2bth as well as addition(2 br right on the patio, attached to the house). Seems to me a lot of REOs in my area are like this. I just want to know i...
Maria Teo
additional insured vs additional interest
I always request my property manager be listed as "additional insured". During my most recent renewal, my carrier changed the language to "additional interest". My broker assured my property manager they will receive ...
Arjun K.
Property Manager Wants to be Additional Insured or Co-Insured
This topic has come up in past forums and on Google searches, but there seems to not be a definitive answer.
Basically, a PM wants to be listed as "additional insured" on a property. I assume this is so he can look ...
Bryan N.
Insurance umbrella or just liability???
I was considering getting a $1M umbrella policy for $22 a month. I went online to get a quote on Rental Property Insurance (USAA calls it that) for a SFH I am evaluating. The quote showed for an additional 45 cents ...
Nerissa Marbury
Rental Insurance Question: SFH Multi-non-family tenants
I have a SFH with three non-family tenants. I am requiring rental insurance for the first time this year - $1MM liability and me listed as an additional insured.Question: If two tenants got rental insurance for $1MM e...
Gerald Santy
STR insurance for rental arbitrage
Hi Everyone!First BP post :)My partner and I are forming a business focused on STR arbitrage (not cohosting). We were wondering what kind of insurance we should consider getting since we won't own these properties?W...
Sterling Stroud
Tenant refusing to get renters insurance
Hello, So a potential renter of mine is insistent that they do not need renters insurance even though I have told them how cheap it is and that it is highly recommended. Renters insurance is not required by law in Vir...
Dylan Burnett
What's the best mortgage length you all do?
A teacher I used to have has 38 properties and all 10/15 year mortgages which all have break even cash flow which in turn lowers his taxes from his full time job. After the 10/15 years he refinances and pulls out as ...
Chuck Mace
Property Management LLC
I want to run something by the community regarding property management and see if others have done something similar:I’m in the process of figuring out how best to setup the legal structure for a long-term, buy-n-hold...