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...
Martha Daisley
Where to get good hurricane and flood insurance in florida
Hi everyoneCan anyone recommend a good hurricane and flood /windstorm insurance company? I have two beachfront condos and im looking to supplement my current insurance with better hurricane insurance and add flood in...
Edward Liu
What are options if I disagree with insurance for claim?
Recently I had to file an insurance claim on one of my buildings: There was a break in and vandals cut away copper pipes throughout the utility area/basement. A lot of money had to be spent to restore water service ...
John Luczy
Can i choose the amount i want to insure for?
Im looking for help from someone that knows insurance well. looking through the forms I see there is cash value, and replacement value insurance. Do you know if there is a way to insure a property for a lesser value...
Tyler Puzio
Issues on a House Hack Deal because of Mortgage Insurance!
I have found a few duplex properties that would be great house hacking opportunities. The issue comes because of mortgage insurance being required on an FHA loan (3.5% down). Is there any way to get around mortgage in...
Aiesha Hooper
New Landlord- Should I get landlord insurance or umbrella policy?
Greetings! Next month, I will be renting out my SFH. I have a property manager, but I understand that they do not assume responsibility for any legal issues if an incident were to occur with the tenants. Should I can...
Thu Dinh
Stolen Security Back Door- Should I ask Insurance to cover?
I am experiencing the colorful rainbow of being a new landlord. Please send help... I mean I would really appreciate your thoughts!I just took over a turnkey from Rooftop with tenants in place. Life was good. Until......
Ryan M.
Insanely high Landlord Insurance ($7,000) for a $310K 3 Family?
I am looking to purchase a 3 Family, 9 Bedroom Triple Decker in the city of New Bedford Massachusetts for around $310,000. The numbers look solid but I decided to get actual Landlord Insurance quotes to confirm my est...
Chris Fayling
Title insurance/warrenty deed still issue with tile on refi
Hey bp! I’m having an issue and I was hoping someone has experienced something like this and could get me some advice. Long winded backstory... I had a property brought to me by wholesalers, I sig...
Bo A Vanecko
Insurance vs Deposit on STRs? how to collect replacement fees
So i was speaking to some people who are doing STR in our complex and they were stating that they offer up insurance or deposit (they actually ask for 1500 deposit which seems high). this got me thinking a bit about ...