I bought my first rental 2 years ago and will close on my 3rd in a few weeks. I plan on growing the owner managed landlord business and need to get serious about liability and asset management. Right now I am regula...
I'm in the process of close on my first rental house. Currently am shopping for an insurance policy for the rental. My statefarm agent just tell me in order to have a rental dwelling policy I have to have a tenant in ...
If I want to rent out my property do I need to switch to a specific landlord insurance policy? What do you do? I saw its 25% more expensive so was curious if everyone here does it or if there is away around it. Are th...
Time and time again while on these forums people kept saying just get an umbrella policy. Can anyone explain these a bit more. I asked an agent for a quote and they sent me a general liability and an umbrella policy. ...
Hello,Are you able to move your STR into a LLC if you qualified for it using a primary mortgage? Do you run the risk of the lender accelerating the loan?If anyone has as done this and could share their experience that...
Hi all,I have 7 rental properties, high income professional (4-500K/yr), have a 1 mil+ personal residence, 1mil+ liquid/IRA net worth. 41 YO.My properties are under my name and will not put them under an LLC. I curr...
Hi guys,will you please be so kind and let me know if its a wise thing to do to have an umbrella liability policy covering my personal assets (car, my house) plus my real estate investments (rentals) ?If I have an umb...
I have a Triplex in Minneapolis that I recently purchased, and I'm questioning if i'm working with the right people and have the correct insurance policy on it. I told my agent all I wanted was a policy that allows m...
I've been using the same insurance agency for many years, but they recently changed the company name and staffing. I should have asked more questions when the new agent told me she had found a less expensive company ...
Hey BP Community! Does anyone have a good recommendation(s) for an insurance company providing builders risk/general liability policies for house flipping? We are located in Nashville, TN, but can go with national com...