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Results (10000)
Curtis Bennett What kind of insurance do I need as a contractor?
17 February 2020 | 3 replies

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...

Shawn Ab Extensive damage to property - filing a claim?
24 September 2020 | 13 replies

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...

Rob Gervais Insurance and “Student Housing”
21 May 2018 | 16 replies

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...

Shiva Sharma Considering Forming an LLC. Am I Making a Mistake?
3 May 2020 | 9 replies

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...

Mark DelRosario Newbie investor questions on insurance policies
1 September 2017 | 14 replies

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...

Allen L. STR strategy questions
5 July 2022 | 11 replies

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...

James McCreary Recommended Phoenix-area Insurance Agencies
5 December 2018 | 6 replies

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...

Matt Buchalski Tenant wants to open a daycare in my rental
16 January 2019 | 20 replies

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...

Account Closed Home Insurance - Derelict House
5 June 2015 | 2 replies

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...

Steven Woods Small Multifamily development Q's but need A's!!!!!!!!
29 December 2021 | 3 replies

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...