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...
I own a medium term (30+day) rental in Pennsylvania. A few months ago, I switched my insurance to Proper, as it seemed to offer the best coverage. After signing up, they then reached out about requiring an electrical ...
I will be renting out my current primary residence starting in 2023 and wont be able to transfer the property into an LLC (they will most likely call the loan if i do) I am looking for alternative means of asset prote...
We have a seldom used guest apartment on our small hobby farm near Coeur d'Alene, ID. I had planned to list it on Air BNB, and was on the website last night reading their terms of service. It appears their terms of ...
We just got denied an insurance quote since we mentioned we would be doing Airbnb. Does anyone know how to get insurance even with doing airbnb? We have other quotes but they never asked about us doing business from o...
Hi All, I am currently renting out my condo for 30 days to 4 months using airbnb. I can't do shorter than 30 days because of local laws. Air bnb has insurance included but I still need a homeowner policy for piece ...
Hi guys,
So I have some Insurance questions. Could you please help?
I had a tree (the neighbors tree) that fell on the roof of my rental and damaged it severely so now I have to change the whole roof.
So during the...
Hello all - I am currently renovating basement to be used as a 2 bed / 1 bath short term rental. My basement will have a private entrance and will be completely separate from the rest of my home, with a few locked doo...
I’ve been doing private lending for a while for fix and flips. I’m not sure the insurance requirements that I’m requesting from borrowers are appropriate. These are the rough numbers of a deal I’m currently underwri...
What are the top concerns real estate investors have in Oklahoma regarding insurance, and coverages?