Lee own a couple of SF homes in Dallas, TX in non flood zones but due to recent weather wondering if we should purchase flood insurance. It's ~$600 a year cost. Pretty expensive......
Any thoughts/advice? The bank do...
Hi all,
I have one rental in the DFW area, TX.
The house is worth about 140K. The landlord insurance is $135 a month with Safeco. This year there was a pipe leak under the foundation which the insurance wouldn't cov...
I'm in the process of doing my first lease option locally. I was able to secure the deal at a monthly rent equal to the current owner's mortgage payment ~$750/mo. Market rents for the area are around$925-$975/month....
Hey guys I'm looking for homeowners insurance on a rental property in Houston. Can anyone make any recommendations? Also I'm a newbie so any advice on what kind of policy would help too.
Hi All,I'm getting ready to close on my first rehab home in about two weeks and I just found out that most companies will not issue policies for vacant homes. I read that Farmers Insurance Co. offers protection, as w...
Hi, I had a landlord insurance policy with State Farm insurance for my rental property. I file one claim with State Farm for storm damage to my roof and now State Farm will no longer insure the property. Can anyone...
I just closed on a cash flip deal. I’ve been trying to find an insurance company who will provide insurance for me during rehab (3 months) but can’t find any. I can’t lie and tell agents it’s for longer, then cancel (...
Hello BP!
After a few years of house hacking, I am now gearing up to purchase an out of state (multifamily) investment property (sole proprietor at this stage).Apart from insurance to cover property damage, I plan to...
I am moving out of house next month. I am going to turn it over to a property manager so she can rent it out for me.
Do I need some sort of additional insurance to protect on top of my home insurance? If so, what kin...
So if I was going to embark on a long journey of house hacking multi families every singles year (let’s say 10yrs). How would someone transition to getting the next while simultaneously making to former house into an ...