Dinesh T.
Just bought property in foreclosure. What insurance should I get?
Hello Gurus-I closed on a condo last week in a foreclosure process. There is a tenant in place currently and I probably would have evict the tenant. I worry that the tenant would probably trash the place before leavin...
Greg P.
Should a Rehabber carry a Separate Insurance Plan?
Hello, I'm not sure if this makes sense, but I usually have a homeowners policy through Foremost when I own the property, but should I also have a separate policy for my company like liability insurance? My main conc...
Alex Failaev
Insurance declined water damage claim from a pipe.
Hello everyone!We have property that is currently vacant and it is under renovations. We have purchased builder risk insurance to cover this property while under construction. We did not look into the policy too much,...
Gab Loo
What type of insurance should i get for my primary rental SFH
Hello everyone,I recently purchased SFH as a primary. My goal is to rent the whole house and get some cash flow. I won't be living in that house. What type of insurance should I purchase for my property? Home owner in...
Kevin Sherman
Rental Property Insurance
Ugh - just renewed my rental property insurance - and it's up 27% YoY - and up +40% over the past two years. It's a duplex built in 1910 (Lakewood, OH - there are zillions of them). Rough specs:1. Value (county, and r...
Joe L.
Insurance for properties owned in an LLC
I own several properties in an LLC in Nevada and have found that not every insurance company wants to insure properties held in an LLC. I currently have State Farm and was looking to do some shopping around - anyone ...
Monish Lillaney
Insurance on 3 family in Boston MA
Anyone know why insuring a 3 family in the Boston area is so expensive? I'm only getting one insurer to quote me over $5,000 per year which in my mind is hard to wrap around!! Any advice? Seems like its mostly because...
Karolina Powell
Landlord policy doesn't cover animals - implications on ESAs
I have a commercial Landlord's policy through Berkshire Hathaway Homestate Companies. It specifically has an exclusion for anything that happens as a result of animals. I'm trying to figure out if I can get some sor...
Krystl Tanouye
Commercial and Business Insurance
I am new to being a landlord, but more so my situation is complicated. I am trying to rent out a property where it's already zoned business and personal use: someone can live upstairs in a 2 bed 2 bath, and run their...
Gabriel Martinez
Thoughts on Mortgage insurance
Hi All,
Ive recently bough my first home in the state of florida. I purchased the property with an FHA loan at 5.25% rate but plan to refinance once rates drop (if they ever drop lol). I keep receiving mails from in...