I got a call from my tenant yesterday that the bay window in our rental unit has been smashed in by vandalism. I submitted a claim to Allstate, and the promptly called me to today to let me know that my landlord's po...
Hello BP,I bought a SFR 4 Bed 4 Bath in California that I plan to owner-occupy while renting out the 3 remaining rooms. I am currently looking for a Homeowner's Insurance policy. A common exclusion to coverage is rent...
I had an experienced insurance agent say I could put all properties under a single BPO that are across states (some owned by LLCs and some not). Has anyone done this or familiar? I originally requested 1 policy per "...
Hello Everyone,Here is my dilemma - My insurance company is cancelling our landlord policy on a property due to a very picky and inaccurate inspection. We are in the process of selling the property and the closing is...
Is it possible to avoid paying capital gains if i get a life insurance?I heard life insurance has 3 benefits1. It pays you 6%.2. Your money is untouchable.3. Tax shelter
Hi, I am in Northern Virginia and doing a tear down and new construction project. I need to purchase a Builder Risk Policy under a LLC but all the agents I have talked to can only insure under my own name and add the ...
Hello, everyone. I just added my 4th multifamily property and was informed by Geico that they would only allow me to carry four homes on my umbrella policy. Was wondering if anyone had this problem and had to resort t...
Though my years of hiring trades to work on my rental and friends/ family/ clients properties I have had it good and bad experiences. Property managers that over promise, work not fully completed to satisfaction, thin...
Hi everyone, I have direct contact with a seller in a unique situation and I was hoping for some guidance. Her father's property took on heavy fire damage early last year, and before he could go through the process wi...
What to look for when looking for an insurer for an SFR?