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Hi. I'm opening up a new STR on a speedboat-friendly lake in Indiana, and I'm thinking about including kayaks, paddle boards, and bikes (there's a great 20 mile paved biking path next to our property). These items w...
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Hello,We recently had our first tenant move in after Labor Day weekend! Earlier this week, she asked about adding two occupants to her lease. Currently as is, there are five people (one adult and four kids/teens) livi...
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Will homeowner's insurance cover a house that has an extra room that was added on without permits? (garage to room conversion)
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Having a hard time finding a policy that covers sump/water backup, but I found one at an okay price. The only problem is the liability coverage is max at 500k. I'm buying with a LP/Corp structure, not a LLC. Unsure if...
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Hi BP. I am under contract on a duplex with my fiancé in the greater Philadelphia area. We are moving into one unit and inheriting a tenant in the second unit. The tenant has a sublet agreement with the current owner ...
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Management company wants to keep pet fee, I want to claim the pet fee and be responsible for any damage. Please advise.
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BP Community,My girlfriend and I are about to close on an SFR property that has a guest house that we plan on renting on Air Bnb and other sites (short - to - medium-term rental). I am running into issues with homeown...
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Underwriter says I can't be listed on renters policy as ADDITIONAL INSURED. Twice tried, both times was only given additional interest. Agent says she can't give me name or phone number of underwriter. Gave me Pro...
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I'm curious what options you've found for reasonable insurance premiums when title to a rental is held by an LLC - and you want that LLC to have a few million in liability coverage. If I keep title in my name I'll con...
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For those that do this, how do you ensure that the tenant keeps paying the premiums?