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I have to say, my insurance is becoming very difficult to manage.Down here in Florida, because of hurricane threats, we have to carry, for a rental property, a dwelling policy, a windstorm policy and a flood policy. ...
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I'm currently closing on my first flip house. Its a 1350 sq ft single family home in the Houston area and needs mostly cosmetic work. My hard money lender requires I have homeowner insurance so I started by getting a ...
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What is an umbrella policy for rental homes? Should I go LLC
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As a real estate investor and financial advisor I usually understand the mindset of other investors. Individuals in real estate are usually more willing to take on risk which is often rewarded. I understand REI’s usua...
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Hello,I'm about to buy a Duplex to be used for house hacking. I'll be living in one unit and rent out the other to make a nice $250 profit as well as no rent needing to be paid on my end. My question is what insurance...
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If you had $70k in your bank account, how would you invest it right now? Non-real estate
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Here is Los Angeles I tried getting a few quotes and there are not many options it seems. State Farm does not offer short term/vacation rental policies. I got one quote from American Modern and it was on the steep end...
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Hi BP Community,I have heard many people mention pulling equity and/or lending against their life insurance policy. Does anyone have experience or knowledge on this topic (life insurance policy/company specifics, poli...
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I've been scanning and reading a lot of posts for the last few months and when people do their breakdowns of their buy and hold investments, I commonly see their insurance as extremely low. Often times, I see somethin...
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Hey, should I consider 2 independent insurance agencies to see which one covers me best and offers the best rate? They’re about located about 30 minutes from rental property and one of them had 4.9 rating from google ...