I have to say, my insurance is becoming very difficult to manage.Down here in Florida, because of hurricane threats, we have to carry, for a rental property, a dwelling policy, a windstorm policy and a flood policy. ...
I need some advice on insurance. I have been using Allstate for years and have a couple of issues/questions. A new limit has been placed by Allstate and they won't write more than 4 LL policies per insured. I am gr...
Re: Homeowners Insurance on a Real Estate Investment Property from a Lender’s Perspective
I am a private money lender. Amongst other things I always instruct the insurance agent that the property will be vacant. I...
TL;DR - What's the best way to put personal cash into an LLC for a real estate syndication deal that will pay monthly cashflow? Also, if I borrow from my life insurance policy can I deduct the interest paid back to th...
Our property started out in very rough condition (no running water, HUD home, some knob and tube wiring.) We are switching from a Vacant and Renovation policy for the last four months to a Fire Dwelling policy. Does...
Planning on purchasing a condo in Tulsa, Ok and was calling around insurance quotes. I called Allstate and asked for a quote on a landlords policy. For a decent policy that covers fire etc they quoted me $187/month.
T...
Hi BPNot sure what types of coverages I should have on my insurance.I am converting my primary residence to a rental in Florida.Thanks!
Hi, I'm not sure if I should purchase this additional title insurance offered by the title company? My lender says that as long as the property is being financed through a loan, you have title insurance that the len...
I'm In the process of insuring my first property. I found a company that is willing to do ACV (Actual Cash Value) or RCV (Replacement Cost Value) insurance and will give me quotes based on a calculator where I can inp...
Hello BP Community, I recently start investing in RE, I will own 9 SFH thru turnkey company's at the end of this year, I'm not sure if I'm ready to set up a LLC company for asset protection or just go with an umbrella...