What role does insurance play in protecting your investments. I would love to hear a story of someone where they explain how insurance has helped them with their property.I am getting into out of state real estate inv...
So I posted this in reddit but got slim to none responses and figured I should post it where the experts live. Also first time poster! Bear with this long existential post, and here it goes.
I'm a 30 odd year old h...
This might also be a bit of a personal finance question as well but wanted advice. Is there a set amount I should have in reserves to feel comfortable in case something catastrophic happens? I'm a bit paranoid so righ...
Here is the story. My tenants were 2 days late on the rent, when I texted them with the unavoidable question I got a reply "Hi, I sent you a memo back in June that we were leaving mid. August "What??? I never got any ...
I've been dealing with insurance companies and am convinced this is the biggest scam in the world. Every year the premiums go up and if you have the audacity to ever make a claim, they raise your rates and try to p...
I am interested in building a small home in southern Bend, OR (outside of the city limits where the STR restrictions are) or in La Pine with the end goal of turning it into a short-term rental. I am interested in hear...
Do most of you insure your properties at real cash value or at replacement cost? Do any of you think it is worth the larger premiums to insure at replacement cost? My primary concern has always been liability from l...
Is there a general rule? Should you have enough to pay off the mortgages if you have too? Or enough to cover all properties if they remain empty for a certain period of time?
We just found out this morning that someone broke into our very first flip that we have up for sale, stole fridge, microwave, dishwasher, stove/oven. I'm sure that we're not the first investors that this has happen...
If I don't have a lender requiring it, most stuff like theft and vandalism would never even match the deductible.I just went through the largest hurricane I've experienced in 30 years and had no damage to my flip or p...