Hello BP Im a new landlord here in Massachusetts, and im getting my lease together using the lease that comes with the pro membership ( I just upgraded and I love it. highly recomended) there is one section 19 B that ...
I have read through the forums, consulted my real estate attorney and insurance agent and have come to a dead end so I figured I'd start a discussion on here. My wife and I just bought a duplex and will soon be signin...
Hi AllI'm looking at a very small park (5 units, no park-owned homes, 100% occupied). It needs work, but there are a couple large cottonwood trees that are pretty close to the homes. My inclination is to have them rem...
Insurance Problem: I'm struggling to understand what I actually need for property insurance. I have three single-family rental properties (IA, IN, MO) and my primary single-family home (VA).
My IA home is paid off an...
We are in the process of closing our first deal and shopping insurance providers for the property. We have some agents giving us a policy that includes the structure and $300k of liability coverage. On the other han...
Good afternoon, BP.When you start out and buy that first duplex (or other multi-family property), would you rather A) save enough in your reserves that you're covered for at least 6-months' worth of lost rent? or B) u...
Hello everyone!I've started building my portfolio this year and currently I have 3 properties in Cincinatti area with prices ranging around 65k each.All of the properties are in my name and now I need to decide my ins...
I am pricing out insurance companies right now and I’m swimming in coverage line items. Besides loss and liability, what other coverage do you recommend (property is in Ohio)?Also the level of coverage... the first qu...
We have a short term rental that we are leasing for four months to a business who will use it for their employees who are coming and going throughout the lease term. They want a copy of my insurance certificate. The...
Has anybody heard about letting home insurance on a rental unit lapse due to needing a new roof for example that wasn't completed on time - in order to get a better rate because the bank requires it and will buy it on...