Jeff G.
Got Badly Shtooked by Contractor in CT, Need Help
Long story short: my GF and I hired a contractor to renovate our condo. We had some issues with our bathroom surround not being water tight. We caused "indoor rain" on our downstairs neighbor's bathroom. At the advice...
Ashley Oyirifi
Title Services for Hard Money Off Market Deal?
I have an off market deal under contract. It’s a purchase from a wholesaler who is assigning me her contract. I’m using hard money for the purchase. The lender expects me to use a title company. This wholesaler wants ...
Andrew Garber
Blanket Coverage for 20 properties
Is there an insurance company that can blanket 20 rental properties or put all those properties on one insurance policy?
Jesse Smith
Insurance Issue - Policy Change After Closing
I recently closed on a 3-unit rental property. During the due diligence and loan application period, I had an insurance policy set up. This was a "Rental Dwelling Policy" for a 3-unit rental property. Escrow has be...
Vibhu Arya
To add property manager in your insurance or not?
I have seen mixed responses here. My PM has his own company. Shall I add his company as an additional insured or not? What are the pros or cons to me as an investor? thanks,
Grant R.
Life Insurance for Partners
When protecting yourself and your investing partner in a two-member JV (LLC), it's advisable to get life insurance for each partner. Which is the simplest/best solution to implement this?A) the life insurance is purc...
Phillip Gainey
Seller Financed property, seller not placed on Insurance Policy
A friend of mine sold a property in Memphis a few months back offering seller financing. The buyer never placed him on the insurance policy as "mortgagee". He has tried to get the buyer to do so, to no avail. All s...
Rock Hull
Who pays for the hurricane?
Hi there, I am planning on purchasing a vacation rental property (condo) in Florida. With all the hurricanes and natural disasters happening, I realize wind and flood insurance will be pricey. Is this something I pay ...
Leslie Fitch
Air B&B Insurance question
We are about to finish up on a rehab here in Buckeye Lake, Ohio and are excited to turn it into an Air B&B home. My current insurance company cant write on them yet. She referred me to a company in Westerville (Be...
Matt Williams
Homeowners Ins.
Hi BP, I have a question is about Insurance. I'm currently in the process of renting out my primary home and I'm under contract on a new OO. I don't want to spook my lender, so do I leave my current policy in place or...