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I have moved and bought a new home. I am going to be renting my previous home out. I need insurance. I have homeowners on my new home, so I called them about insuring the rental property. They are offering somethi...
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Hello, I am currently submitting all my paperwork for a new hard money loan through my LLC (for a single family BRRRR in Philadelphia). I am adding a half bath to the first floor, so my lender has mandated that I get ...
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If someone were onboarding with a new property management (PM), is it customary for the PM to be asked to be added additional insured to a homeowners insurance policy? It seems additional interested party is sufficien...
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Hey BP members!I was wondering if you have to get vacancy insurance for the few months while rehabbing a property if you plan on flipping. Also if you plan on BRRRR a property, would you get vacancy insurance while yo...
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I incude in my lease agreements a provision disclosing I don’t carry renters insurance and advising tenant to obtain a policy.
I’d like to start requiring renter’s insurance as part of the lease agreement. Can I leg...
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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 ...
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I'm under contract on a 12-unit multifamily building and looking at insurance options. One thing that isn't clear to me is what types of policies cover various situations. I think I understand the basics of personal h...
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I've been using and old lease that another landlord gave me when I was getting started. This year I decided to buy the Bigger Pockets state specific lease package because there were some areas in the old lease that I...
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Hi all - apologies if this post is redundant, but I haven’t managed to find an answer to my particular scenario on the threads…I am under contract on my first deal. It’s a 3/2 single family home with an internal/attac...
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Hello Everyone,
This forum is so useful. After months and months of reading I finally jumped on my first deal and purchased a property in Delaware. My question now is what insurance company can I go with who will of...