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Hello all,A pine tree branch broke off and fell on the tenant trampoline in the back yard. The tree belongs to the house. It damaged the trampoline and the tenant is asking me to pay for a replacement. I offered t...
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I have a friend that wants to use one of his properties as an Airbnb rental. As he is moving out of state, I offered to manage it for him to see if STR is an investment strategy that I'm interested in. I'm a realtor a...
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Hi everyone, thank you for reading this.Im trying to acquire quotes for homeowners insurance/rental insurance but it seems the only way to get an accurate quote is to engage the company and ask for it. Seems like comm...
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So I am doing my first flip and the renovations are completing. The house is about to go on the market for retail sale. I currently have the home insured with REI/Affinity for liability, fire etc with a $3000 deduct...
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I have been a lurker on the site since inception and have re and re-read most all of Jeff Browns postings for many years, although i have never contacted him personally. I find the Old school wisdom and straight ...
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Hi All,
First-time poster here. I’m currently in the pre-approval process to purchase a 2-4 unit multi-family property. I’ve approached a local bank in Upstate New York offering a 30-year loan with a 10% down payment...
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As your Portfolio grows and evolves, so too do your insurance needs. Many investors start with a variety of insurance carriers to manage different properties. While this approach works in the early stages, there comes...
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Hello my fellow investors in Philadelphia!My first-ever offer currently got accepted (yay!) and I'm going through the closing process.I'm looking for your recommendation around landlord insurance.- Which insurance com...
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I am looking at two 4-plex's in Palm Bay which gross about $58k a year in rent. The owner is looking for $400k. The problem is that the current owner has them free and clear and does not carry any insurance on the s...
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I’m in the process of purchasing 2 properties both are Duplex and all 4 units have tenants. I’m currently lost on what type of insurance to get. I currently use Liberty Mutual for my home. However I’m hearing things ...