Several real estate properties in KCMO owned under LLC, most are rented already, we typically buy a vacant house, spend 6 or so months to rehab it from top to bottom, then rent it out. Now we have a problem of getting...
I'm looking for suggestions on insurance companies and coverages for a rental property. Specifically, what companies seem to be rental property friendly and have good rates? Also, what are the must have coverages that...
Ok, I've done some research (BP and general internet searching), but I'm still confused on Owners title insurance. Here are the details,- A few days from closing on a foreclosure in Illinois for $83k (to renovate / f...
Hi BP,So my husband & I are in escrow on our first investment property, a duplex in Indianapolis (doing the @David Greene Long Distance) and we are hoping to use the BRRR strategy (Buy, Renovate, Rent, Refi). We w...
Here’s a riddle- how can an agent/broker have errors and omissions insurance coverage in place at the time of a sale, yet have no coverage a few months or years later when a problem surfaces in connection with that tr...
Hi, BP. We were just told by an insurance agent yesterday that property insurance for rentals does not cover burst pipes due to freezing in Cleveland area. Would appreciate input on that. That was new to us. Than...
I want to start flipping houses but I’m curious about what I should in for insurance. Since I’ll only be owning these properties for a short time should I even get insurance? And if so what type and what does it go fo...
I have been fortunate enough to now have 3 rental properties and I have 3 home owner (rental) property insurance policies. I have read a bit about personal line and commercial line policies but I still don’t get it. I...
One property in my portfolio is about to be dropped from insurance for the 2nd time in about 3 months - with no chance given for appeal or remedy. First from Travelers/GEICO and now from US Standard Insurance Compan...
Hi all, I just discovered this site when researching how to handle my current situation, looks like a great resource! I'll post in the new member forum, but in the mean time, I am looking for some advice about our...