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I'm moving to NYC but just bought a house three months ago here (very last minute job offer that I just couldn't turn down). I'd like to turn it into a rental. It's new, no issues, ready to go. What kind of insuran...
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What sort of insurance coverage should I carry on our rent house? The appraised value of the house is $54,500. Our current insurance is charging us $1,053 for the year and it covers $119,000 for the dwelling and $119,...
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Hi all, So I am trying to finance the purchase of a residential real estate property and I am looking to use my life insurance cash value as collateral to fund the loan, purchase the property, and then refinance to pa...
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Which is better to have an llc or an umbrella policy? What are the advantages and disadvantages etc?
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A friend of mine had a disgruntled tenant who they were about to evict. The tenant poured a bag of quick cement in the toilet and has destroyed the system. Is there any kind of insurance that could have been purchased...
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Newbie doing the research to see if investing in a STR in Galveston, TX makes sense for soon to be retirees! Hard sell for hubby! Would be primarily in the Dallas area, so need resources to manage when not in town!!
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Hello all,I have a rental property bought with cash and owned under an LLC. I later refinanced it (added financing). My insurance policy has recently been discontinued and replaced with a similar policy (really just...
I am purchasing a duplex in the next 2 months. Should I form an LLC to protect my personal assets?
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Hello,Had a insurance claim filed 2 years ago, insurance company did low ball settlement initially. So went with attorney to fight the claim. With attorney it was understanding that insurance company will pay him and ...
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I finally understand how insurance works in the multifamily world. I learned this from an insurance broker I talked to yesterday. There are three kinds of apartment insurance coverage: Tier 1, Tier 2, and Tier 3.
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