Troy Parker
Can Renovations Reduce Insurance Costs? A Florida Homeowner's Strategy
Hello BiggerPockets community,
As a first-time homeowner in Florida, I've encountered some unique challenges, including the need to pay for an insurance policy upfront for a year in escrow due to the home's initial c...
Ryan Melander
Is title insurance worth it?
Hello BP community!I will be closing on a rental property early next month. This is a one owner property that is being sold because owners reside out of state and would like to use the funds for other investments. T...
Amit Shukla
Tips for reviewing the insurance policy?
Looking for an insurance policy for an STR in Asheville, NC. Based on the recommendations in this forum, I got quotes from Proper, CBiz, and Foremost. As kind-of expected, Proper quote is double of CBiz and triple of ...
La'Naeschia O'Rear
Multifamily Insurance Recommendations
Hello,
I am currently looking for an insurance company for a multifamily property. I have received a quote from my insurance provider, State Farm. However, it seems rather high. Would love to know who others are usi...
Sue Oberlin
Changing Homeowners Ins From Personal Prop to Rental?
Hi, I have a home in Illinois that has been vacant and for sale for 8 months. I have tenants that are interested in renting and we are in the process of background screening and verifying references. My question is, I...
Marlina Eckel
How to best estimate landlord insurance cost in your calculations
I am finding it perplexing as to how to best estimate landlord insurance policy costs on various properties. As I understand it, the policy costs vary due to age, construction, etc. In the webinars, I have seen Brand...
Shari Posey
How much liability coverage do you have/suggest?
Right now I have no liability insurance on any properties. All are owned free and clear so I don't have to have insurance but I'm worried that a tenant will slip and fall in the tub and sue me. I have fire on a single...
James Feiden
Workers Comp question
Hello,
I currently own 36 rental homes. To add an extra hedge of protection and picked up Worker's Comp.
Couple questions:
If you have a sub do any work should you make sure they show a workers comp insurance pl...
Bret Meyn
Looking to get into rental properties.
What kind of insurance do you need on your rental properties?
how do you do your taxes when you have income from rental properties?
Jarred Garland
Get out and create an LLC
I recently read a success story on the forums where a couple decided to pull the trigger and buy a triplex in SoCal. Being how I really wanna help my family and get out of the rat race before im fully involved, I deci...