My half of the partnership is the work on flipping properties. A year in, we just closed on the third property. This property is going to need a permit for demo and structural work. Does anyone know what type of insur...
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Hi,Just wondering if anyone has dealt with this or has some idea as to how to deal with this. Earlier today, I received a frantic call from my HOA representative saying there's been extensive damage to my rental prop...
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Hello everyone,
I recently learned that, because my tenants all happen to be students, my insurance company won’t cover the property because they don’t deal in “student housing.”
Has anyone ever encountered this? W...
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I'm in the process of purchasing my first rental property. I was considering starting an LLC, as I wish to have more properties in the future. At the same time, I have heard that banks charge a higher interest rate fo...
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Hello fellow BPer'sI am a new investor from CA looking to invest in Memphis (also KC/Indianapolis) and have been shopping around my local banks for property insurance for investors. I am pretty new so I am looking for...
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Hi all,I am underwriting a potential STR property and I have some basic questions. I'm looking to add some features to the backyard to make the property more attractive as vacation rental. 1. fire pit2. outdoor sauna3...
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Hello everyone,After some research, I couldn't find much info on recommendations for commercial insurance providers. I am working on (LOI/PSA stage) for two properties in the Phoenix MSA. Property #1 is 11 units, Prop...
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Hey everyone, A tenant in one of my properties wants to open a daycare in a rental i own in Garland, TX. Has anyone ever done this? What do I need to protect myself from liability? I assume I should make her incorpora...
Hi all, question regarding homeowners insurance on a property I am considering purchasing. I've had a look around on the forums, but can't find any information, so apologies if this has already been addressed somewhe...
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Hey BP family! Quick synopsis on my current deal:vacant land located in the Historic Downtown District of Lake Elsinore. .61 acres allowing 13 units. Currently in the process of acquiring land from the city to start t...