I'm considering if I should buy home warranty plans for my rentals. I got a quote of $1000 for 44 months coverage with a deductible of $45 each claim. Is it worthwhile? Or just pay the repair cost when something break...

Recently I had to file an insurance claim on one of my buildings:  There was a break in and vandals cut away copper pipes throughout the utility area/basement.  A lot of money had to be spent to restore water service ...

Hello BP,I have a new tenant moving in on the 15th, and they just contacted me asking if they could install an alarm/security system.  She mentioned ADT in our conversation.I'm assuming this is for some sort of insura...

I have been reading about "house hacking" I was wondering, when purchasing a duplex, is there an amount of the monthly mortgage that the one side should cover. For example, should the one side cover all of the mortgag...

I just had a drunken driver rammed his Chevy Silverado into my rental home at middle of Friday Night. Thankfully the tenant’s son survived with bruises & lacerations, who was right at the impact point. The truck w...

Just bought a long term rental in Florence, SC with a non-working pool (ripped liner & old mechanics). Should I leave as is and cover it with a mesh cover for $2800 (really considering this), put a new lin...

I got an offer from a utility company for one of my rental properties to purchase insurance for the exterior water line service for $4.95/month. Is it worth it or am I better off just saving that money? What is the li...

Security system update 01/2022:
Had some break ins 3 weeks in a row about 2 months ago. Was once trying to get into storage units and twice going thru our RV and vehicle parking. I actually dislike RV and vehicle par...

I have my rental's reserves sitting in my business account earning nothing.  I have my personal finance reserves over at Ally earning 1.65%.  Nothing crazy, but still it's something.  I cannot open an account under my...

I own a house, and have a roommate.

The roommate was supposed to move in November 1, but still hasn't moved in.

The roommate already paid rent and deposit.

Roommate just told me they won't be moving in after all,...