Medgar Jordan
Should Insurance for mobile home flip be in corporation name?
I have a question I know it has probably been asked but should I get a mobile home in my corporation name? Because I was thinking if it burns down and the insurance is in my name it will count against my personal insu...
Tyler D.
How much should I pay to insure a $40k house?
I'm in the process of buying my first house, which is a $42k SFH that is in great condition.I called USAA and they quoted me a $140k rebuild cost, which I thought was extreme.Their rates were $910 for 1k deductible an...
Pratik Singhi
How are companies like AirBnb able to provide Host insurance?
I was trying to understand the model on which Airbnb operates and one thing I can't understand is that whenever a host signs up and put his listing he is automatically enrolled in Airbnb's Host Protection Insurance wh...
Dee Xixi
RE: Make the owner financing beneficiary of my life insurance
Hi All,
I am buying a 6 units with owner financing. I suggested to the seller that I am putting 10% down with 5% interest on a amortized of 25 yrs. Ballon payment 7 years. He likes everything but the downpayment. He a...
Dave Versch
Recommendations for insurance agent and property management company in NJ?
Hi. I'm looking for an insurance agent/company that deals with "landlord insurance". I'm in the process of purchasing a 2-family house in Elizabeth for which I need coverage. Also, I'll need a property manager to h...
Dustin M.
Insurance Costs are out of this world for Mobile Homes
Hi,
I own seven mobile homes at the moment. Three of them are sold (fixing the other four at the moment). I have basic liability insurance thru Foremost and it is very expensive. What companies ar...
Claudia Schmidt
Do you have an 'insurance' clause in your rental contract?
I rent my properties unfurnished and already have insurance on them (excluding contents, as it's unfurnished), but was thinking of including a clause that states its the tenant's responsibility to have insurance for t...
Penny Clark
How to do rail spacing correction to satisfy insurance carrier
Hi All,Since we had to secure a liability only policy for our mountain vacation rental, they told us we needed to correct the rail spacing and had only a certain time to do it. The posts are 5 inch apart and must be c...
Alison Robinson
Just Received Our Insurance Premium Bill. Ready To Shop Around,
Our Insurance premiums on two of our properties are increasing this year. Both properties are SFH in Joliet Illinois. We carry $2,500 deductible with $1MM in liability coverage and full replacement value. We are curr...
Phillip Faries
Rent Guarantee Insurance vs Holding 3-6 months of Expences
Hi All, Does anyone use Rent Guarantee Insurance? Right now I'm holding around 6 months of expenses, just in case the tenant doesn't pay or if any repairs are needed. Currently my reserves are around $15k for 2 condo...