Tenants of 3 years purchased a home of their own in March and decided to stay in rental through lease period so they could renovate. Requests for extensions soon followed, and I approved (in writing) the first request...
Hi,
Would you trim or cut down a dead tree? It’s about 20 feet tall. It doesn’t look like it would fall over. I need to do something because when storms come, dead branches fall off and could damage a car. Trim- 40...
Hey all,I’m not sure if it makes sense, but I have a property I flipped which I think will make more sense as a STR, but I don’t want to manage it as one at the moment -does it make sense there will be investors willi...
Hey BP’ers. I’ve seen a lot of folks asking questions about insurance on your rentals. I’ve put together a simple Insurance 101 for any newbies looking for answers. As a State Farm Agent in Louisville, KY, I have work...
Long version:So I received the final statement from the landlord and I was surprised that they have charged/deducted me a couple of days rent after my move out date. I told them I will move out on June 30th and they a...
What is best practice for correcting details on a recently issued homeowners insurance policy? The property was renovated a few years ago (we purchased in February 23) and the details are incorrect. List of issues:1. ...
Hey guys,
I am under contract for a property that has a bowed chimney. They put on a new roof 10 years ago and never touched the chimney. There is evidence of previous leaks around the chimney which has been patched...
hello,Just wondering what the insurance requirements or suggestions would be for a rental property that is owned outright without current property insurance. Is it a requirement to have property insurance in addition ...
I live across the street from a house with unauthorized tenants in it. Long story very short - they're destroying the property and neighborhood, and the landlord cannot get them out. He's dealing with real estate at...
Hello BP community, Is Geico umbrella insurance of any use to investors? I have some rental properties and following the advice to purchase umbrella liability insurance. Our home insurances were done through Geico (as...