Phoebe Hodges-Carter
Requiring Renters to Secure Renters Insurance
I am a new property manager. I want to require my renter to purchase renters insurance and add it as a condition of the lease with any damages to the property to be made payable to the home owner if the tenant is res...
Malik R.
Insurance company placement for medium term rentals
I have received messages in the past from insurance companies trying to place their clients on medium-term rentals and a colleague has recently taken on such a tenant.I wonder if insurance companies have departments t...
Nazimuddin Basha
Strategies to Combat Negative Cash Flow Due to Property Tax and Insurance Increases
Hey everyone,
I’m looking for advice on an issue I’m facing with my rental properties. Recently, my property taxes and insurance costs have increased significantly, turning what was once positive cash flow into negat...
Maria W.
Pricing Strategy for Converting Successful STR to MTR
Hello! The HOA for my STR investment property will be voting on banning STRs soon. If the vote passes, 3-month stays will be the minimum. I'd like to convert it to a MTR but I'm having difficulty coming up with a pric...
Jack B.
Which High Yield Savings account for cash?
The cash pile (well digital that is) is adding up. Who here knows whether Barclays or Ally bank are a better way to go for high yield online savings account?Barclays is 1.85% per year and Ally is 1.8% for Ally bank. T...
Account Closed
Umbrella Insurance
Finally found a company ( Nautilus Insurance) that will write me a stand alone umbrella for 1 mil with having about 20 properties. Still debating because the price of 732.00 was a little higher than expected.And still...
Scott Preckwinkle
New to BP and beginning phases of become a real estate investor
Hello BP Community,I'm not exactly new to BP but haven't been very involved in the past. I recently upgraded to being a Pro Member because my wife and I have finally made the decision and commitment to becoming real e...
Bailey Kramer
2 Strategies I Recommend Not Using To Get Co-Hosting Clients
In this post, I'm going to share the two strategies that I highly recommend not using to get Co-Hosting clients: 1) Facebook Groups - Someone will post in a FB group that they need a Co-Host and 100 people will commen...
Ross Alcorn
Medium Term Rental- Insurance Options: STR Insurance or Landlord Insurance?
I am looking at purchasing my first MTR and running comps but want to make sure I have my insurance numbers right. I've reached out to my insurance broker and let them know of my MTR strategy. They said anything from ...
Christopher Lawrence
Leverage Insurance Policies to Invest in Real Estate
I'm an active REI at Gavin Royce Homes and I personally use this strategy. It has been a game-changer for acquiring more deals as well. Would you like to take advantage of an opportunity that creates Generational Weal...