My friend has a water loss and damages in a rental property.
The adjustor came and had estimate already.
No injury.
But the insurance company finding all different excuses to delay my friend’s claim payment for ...
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Hello everyone! I am getting ready to close on a property in the couple weeks. It’s time to look into home owners/rental insurance. I will be living in one unit and renting the other unit out. I am confused whether I ...
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I am in Oklahoma looking at properties in and around Detroit. Does anyone have some baseline home owners insurance numbers that I could use for my evaluations?
Any help is greatly appreciated. Thanks!
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Just rented out my primary residence and researching insurance coverage. Here is what I have learnt. Please do comment if wrong:
If you are not residing in a unit then a homeowner’s insurance will not cover anything....
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We had a plumbing leak in our rental and there was damage to the flooring to the bathroom, kitchen, hallway as well as one bedroom. It was so bad that the tenant contacted us with a video showing the water seeping thr...
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Our LLC has three properties in it. Each has a homeowner's insurance policy with $500K in liability insurance. Is that sufficient? Do we need another liability insurance policy for the LLC itself? What do you all re...
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We have a small rental property that had a tub drain leak causing extensive damage to the floor/subfloor. We ended up filing a claim with our insurance. Our insurance covered new floors for the entire house as well re...
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I have never allowed animals at any of my rentals, but we have a long term renter who has asked about getting a dog. I told them I would have to talk to my insurance and get back to them. I reached out to my insuran...
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Hi everyone!I'm trying to figure out the best way to approach my taxes this year, as it was a bit of an unusual year for our house. Here is the situation...-Ran an airbnb in our basement from Dec. '21 to June '22-In J...
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The total loan is 135k for a 180k property. The loan originating fee of 3.4k seems high. My closing costs are almost 9%. Does this seem normal?
A. Origination Charges$3,412.5001 % of Loan Amount (Points...