Nick V.
Should I Quit My FT Job and Build My Portfolio?
So, I bought my first property in 2013, my first rental (duplex) in 2015. Fast forward, we just closed on our 10th property today. We did a couple flips in the mix for some capital but now im focusing on building my p...
Mio Chee
DTI- How does a financed property and its expenses affect?
DTI question (I am ESL. Please bare with me). Any input is greatly appreciated.
My husband and I purchased a rental in July 2021. After a rehab, new tenants moved in early September 2021. We are now preparing our ta...
Jeffrey Suth
What is the likelihood of bed bugs being brought into a STR
I'm also an insurance agent and curious if there are any statistics regarding bed bugs in STR's. I have a client who has purchased a brand-new home, (just finished building), and planning on using for STR. All furnitu...
Agustin Peirano
What type of insurance I need to rent my Townhouse/Condo?
Hi all,
I bought a townhouse/condo in Salt Lake City, Utah and I am planning on doing long-term rental with it. I want to get insurance for it but there are a lot of things I don't know since it is my first property...
Salil Surendran
Converting from homeowner to landlord insurance policy
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....
Shawn S.
Insurance minimums
Right now I only have 300k scheduled for liability on the first property we are closing on. I could pay $55.00 more per year on a $700.00 policy to up that to 1m. I'm thinking this is a good idea. I am being tol...
Sergio Aguinaga
Call independent insurance agencies
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 ...
Annalisa Minetto
Do I really have to live there for a year?
I found an awesome short term rental property for sale in Daytona Beach... My question is, how would a mortgage lender know I was renting my house out on airbnb? Could I just put 3-5% down ? If not how much am I looki...
Vince Liu
Triplex converted from Single Family - Insurance & Mortgage Rules
Hello BP,I recently purchased this triplex that is converted from a single family home into 3 units. I was wondering what property type would it be when it comes to Mortgage and Insurance. Apparently there are better ...
Danny J.
STR insurance? LLC?
HiI'll be closing on a house to use mainly as a short term vacation rental and wanted some insurance suggestions. Cost definitely would be a factor but I'd like to know which company has the best bang for the buck. Al...