If I want to rent out my property do I need to switch to a specific landlord insurance policy? What do you do? I saw its 25% more expensive so was curious if everyone here does it or if there is away around it. Are th...
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I'm a new real estate investor currently in the process of closing on my first property. It is a duplex in Philadelphia, PA that is currently fully rented. As I am not intending to live in the property I was looking a...
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Hello folks!Trying to pick your brains, I'm looking to close on my first rental property in Richmond City later this month. I've gotten two quotes for landlord insurance from my insurance agent who helped us get our c...
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I have read through several posts on the landlord forum where members are discussing about insurance policies that will cover multiple units under a single policy. There are many pros to doing that
- Single d...
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First time poster, long time researcher/reader. I just had a GC repair all the rotten wood on our exterior trim and now need to hire a painter to scrape and paint the exterior trim. 42 windows, so big job. We own a...
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How do you all organize your rental property bank accounts?Bank Account per property? Pros: Would be very easy to see expenses/costs etc. Cons: Would end up with lots of Bank Accounts but still organize them all under...
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What are some general questions to ask agents when shopping for insurance? Opinions on going with a local firm or larger, national firms? Thanks
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'You need to set up entities to protect you from lawsuit liability' is the general advice.
In my area, liability insurance cost $22 per year for 300k
Somebody needs to explain me, what can happen, whic...
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Are out of state investors paying people in the area to go see a properties when they dont know anyone in the city? (before paying an appraiser) How much would you pay some one to go check out a property for you? Deta...
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We are starting a 9-member LLC to buy real estate. One of the potential members has a substantial lien against him for failing to have auto insurance during an accident. He may even file for bankruptcy. Will his situa...