Claude Diehl
Insurance for Rental Property
My son and I formed an LLC and are closing on our very first purchase, a 3 home portfolio. Very excited, and learning a lot. I'm looking for some direction on getting rental property insurance on these 3 SFH's. I've r...
John Grande
Looking for a cost effective Property and Liability insurance compa for a fix & flip
I am using a hard money lender and just purchased a property from auction in Hull, MA. I am looking for a insurance company that is coat effective and works with fix and flip/construction property and liability insura...
Nathan Frost
Umbrella Policy Limits / Requirements
Hi everyone, I am trying to figure out the best solution for covering rental properties in case of a lawsuit. I have insurance on all of them and used to do an Umbrella Policy, however, the umbrella is really pointl...
Adam Svacina
China developer Evergrande suffers second downgrade in two days
What do you guys think about the problems Evergrande is having? Is it gonna have an worldwide inpact if they fall?
https://www.bangkokpost.com/bu...
Matt Godwin
New Problem with Using a Virtual Number for Business Communication
Hi BP fam,
Here's the situation, I currently use OpenPhone for all of my real estate business related communications (e.g., talking to buyers, sellers, other agents, etc.) as I want to keep my personal cell phone num...
Kevin Allison
Landlord insurance
We are about to rent out our first house, (not by choice). I have been toying around with idea of switching to landlord insurance in hopes in my cover us better as well as possibly lower our insurance cost in our escr...
Claudia Becerra
Do you recommend Foremost insurance?
I have a contract on a 4 plex and have always used Farmers Insurance. I received a quote from Foremost which is almost half the cost. While I will carefully review and compare both policies to make a good decision, I ...
Account Closed
National RE Investor Coverage versus the local branch of my insurance company
I am looking for some help with setting some principles in securing insurance for rental properties. I am buying a third rental property through a turnkey operation and they recommended using National Real Estate Insu...
Adam Orentlicher
Erie Insurance premium increase effective 4/1/2023
Have some rentals in NC - all insured with Erie. Insurance $ went up 24.5% on renewal, with 0 claims. Agent informed me, from the underwriter:
Effective 4/1/23, we increased Rental rates across the board by an aver...
Gopi M.
Property Insurance for SF Portfolio
I have a portfolio of SF/TH rentals, that I am looking to insure. The current insurance that I have thru my broker is more like a single unit insurance, where I have to fill out an application for each property. While...