I am using hard money to buy a triplex. The lender is demanding a payment of $2500 in order to purchase payment protection insurance before he will close. I have done multiple deals this year and have never had this h...
Hello BP!We are new to REI. We are currently forming a LLC and will start with flipping residential homes in our local area. We are considering using hard money lenders to finance a few flips. With that being said, wh...
Who has the best insurance rates for multi-family in Tucson?
Has anyone had so much damage done to their rental property by a tenant that they decided to put in a claim with the insurance company?
We have only one single family home that we carry "renters" insurance on. From w...
Anyone familiar with contracting property that has a pending insurance claim. If I want to let the owner keep the proceeds, is there something we need to be careful about?
Has anyone filed a claim on their property and had trouble getting their insurance to pay what you thought was fair?
Does anyone know what'll happen to the provider if they don't respond to my complaint I made to the Illinois Department of insurance by the mandated 21 day time allotment?
I have three condos and 3 town houses. All rented. They have home owner insurance. I am trying to transfer them to LLC for protection. I was told by Gieco properties will loose Umbrella coverage if transferred to LLC...
Hi all,a little off-topic but I think it is an important matter.So, the bank asks you to have Life Insurance to protect itself. It can be either your own or you can pay extra for your monthly mortgage payments.I happe...
As a small landlord, had some issues in the past with renters defaulting. Is this a pain point for others as well? Getting some data points, as I am exploring the possibility of starting my own insurance company to pr...