What home insurance do you guys recommend to have on a short term rental? Do you have an insurance besides the Airbnb cover that is provided?Any answer is appreciated.Thank you!
Hi there!Just bought my first property. But in the competitive Los Angeles market, I had to put up additional cash on top of the deal in order to have my loan taken seriously. Anyone in SOCAL familiar with how to writ...
Hi there everyone! Got a question. In August 2016, I filed a small claims against a previous renter for damages. He did not show for the court date. So, after the judge looked at the evidence, I was awarded the mone...
I had some storm damage from hurricane Irma at a property, really just a bunch of shingles broken. I've heard it's rarely a good idea to file a claim against insurance because it can raise rates or cause insurance com...
Our lender is impounding money for our property tax bill on our new condo. I've been checking up on them, and was recently astounded when they told us they would not be paying our supplemental tax bill (the difference...
Hello everyone,I hope you are doing well.I am a bit confused on which insurances to get, i know there is the homeowner insurance, and I will be requiring my tenants to have rental insurance. Does having an umbrella po...
Im a newbie and I would like for anyone to give me pointers in obtaining landlord insurances for my properties. They are in a Class D neighborhood but I need to protect myself against suits etc etc. I would appreciate...
Hi Fellow BPites,I recently ran into some bad luck and had two major plumbing repairs on two properties. Expenses were $2.5K and $5.5K (& counting) respectively. In both cases I had sewage backup into the home. Th...
Hello!I have a prospective tenant who wants to run a home day care. Any advice on what I should look out for, or any one here with experience with tenants running a home daycare could please provide some insights on p...
Hi all, just a question I have that I've been having trouble finding an answer to. I have flipped 8 houses typically going at a rate of 1 per year with a very good return since I do a lot of the work myself. I have ...