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I am currently buying Liability insurance along with property insurance when I buy a new property. I also have a general liability policy for my business too. I own a few properties within the LLC.
If I skip the Liab...
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Hello,I am a new buy and hold investor in IL, and I recently closed on my first SFH. I have insurance on the property, but I am wondering if its sufficient to bypass the need for an LLC at this point in time. I've loo...
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Hello BP,I'm a starting RE investor and i'm about to close on my first real estate wholesale deal on the west coast of Florida. The deal is structured like this:- I am buying a duplex from a wholesaler for 160,000$, h...
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How are you, my name is Juan. I was reading some post and I just read something that made me believe I might be wrong about the insurance I got. I have a rental property in Indianapolis, and I just get a homeowner ins...
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Hi All,
Been a while since I posted on this forum. I just got my first property few weeks ago. I closed it as second home, with a second home rider..... Since I already got home owner insurance, and looking to rent i...
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Hi everyone,For my rental property, I am trying to analyze and understand the costs associated with monthly payments in addition to the mortgage. With my rental property, will I need homeowners insurance and landlord ...
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Hi Investors,I am dealing with a situation where:1) Insurance companies have quadrupled insurance fees in the last 2 years! For a 4-plex condominium complex, I was paying $144/year per unit in 2019, now I am getting q...
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Hello Everyone,Closing date is arriving quickly for my first investment property. A 3 unit in Massachusetts. I've called many insurance companies and a couple agents. Everyone I talk to wants to quote me for full re...
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I've been getting quotes to convert homeowner insurance to rental insurance on a property I currently own and am about to rent out. Every carrier that I have talked with have dwelling coverage with liability and medic...
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Hello Fellow Landlords, I'm closing on a property Friday and I've gotten a bunch of insurance quotes. But I've realized these aren't apples to apples. I'm buying a property for $78,000. I'm thinking for 1 mil...