Peter Turner
Landlord insurance less expensive than homeowner's?
I got a quote with Nationwide who has my homeowners.
They are selling me a landlord insurance for $580.
This insurance covers the Dwelling for $135k, Extended coverage (not sure what that includes) a...
James Kim
Honeowner insurance versus landlord insurance
Hi,Is landlord insurance always more expensive than homeowner insurance? I have a home in California and investment property in Dallas and I'm noticing this difference. Maybe its a state by state difference? But my in...
Michael Elder
Short term rental insurance
Got my first quote for STR insurance at $4,190/yr. I’m wondering if there are better options. Could I just add general liability insurance to my existing homeowners? Or do I just need to bite the bullet ?
Bill Gulley
How Many Investors Have Related Financial Sales Experience?
Just wondering, how many RE invetsors have had or are involved in sales of other financial products? Insurance sales, bank PR/marketing, stock brokers, financial planners?
How has that experience played on your RE in...
Yangbin Tong
How to find umbrella insurance?
Hello all, I'm new to rental business. We just used the buy and hold strategy to refinance our previous sfh and would like to rent it out asap. However, I'm not sure about how to get the umbrella insurance for this pr...
Pati Tanielu
Life Insurance ( term vs whole life) which one is better?
Any help on life insurance advice. I got whole life insurance and some agent knocked on my door selling term insurance . Can anybody have insights to the matter
Brian Kantor
Insurance for short-term rentals?
Hi, everyone. Most of my experience lies in the longterm rental property world, but we just picked up a short-term rental in Vermont and are going through the process of getting it ready to go.The property cost about ...
Veronica Giggers
Hard Money lender requiring builders/construction insurance coverage.
Hello all, I hope everyone is realizing their investment goals. We have reached out to a Hard Money Lender for financing a duplex we plan to BRRRR and hold. Repairs are estimated to be $62K. The HML is requiring a "bu...
Paul C.
Insurance Tax Deduction
I've been reading IRS Publication 527 to better understand the tax accounting for rental properties. I'm not sure how to interpret this statement about insurance:
"Insurance premiums paid in advance. ...
Luke Hine
Vacation Rentals
After getting the hang of analyzing 2-4 family properties, I'm starting to look at some vacation properties as well. What are some of the added expenses you deal on a vacation rental? Off the top of my head I'm think...