Got something from my insurance agent today that says they added "loss payable provisions" to my rental property policy. It's making my head spin trying to understand it and I'm usually pretty good at figuring out wha...
Hello all, hope everyone is having an amazing holiday season. I am currently analyzing duplexs and SFRs in the Texas city, LaMarque area in Texas. I am looking for ideas on how to estimate insurance and taxes on prope...
Anyone know of a reputable Insurance company/agent that could write a Vacant Construction Polity/Builder's Risk coverage for a renovation then after the renovation move that policy into a Landlord policy? I am rehabbi...
I have a property which has been vandalised by previous tenants and is currently with my insurer for a claim. They have assessed the property but it has been around 6 weeks and the claim has still not been completed. ...
I'm curious why investors would want to buy a flooded home? Here in Houston we are seeing a demand (still small, but growing) for flooded homes. I wholesale and rent, but I'm confused why someone would want a home tha...
Hi everyone,
I'm in the process of hiring a property management company for the first time. In their contract they require that I add them as additionally insured on my Insurance policy. Is this pretty standard pra...
With lending standards just now beginning to loosen from a historic tightening, I find it bizarre (and frankly, offensive) the idea that Private Mortgage Insurance will now be something that will be permanently affixe...
Hello, I am in the process of purchasing my second rental condo. The HOA covers homeowners insurance but my finance company is requiring an additional HO-6 (from wall in) policy. I'll be renting the condo out unf...
I’m looking for options for insurance. I own I guess what you would call a tri-plex. Two residential apartments and a commercial space. I have commercial insurance currently but they won’t allow the pellet stove. ...
I read quite a bit that it is better to leave a unit empty then to fill it by lowering your standards.
The economics would suggest otherwise. An empty unit equates to an 8+% drop in yearly rent for each month empty,...