Andy S.
Pet Liability Insurance vs Renter Insurance with Liability Coverage
Hello friends, I am about to onboard a new tenant in NJ. She has a small 20lb dog (offcource sweet and well behaved). Any advice you can give me regarding what kind of liability insurance coverage I must ask her to ge...
James Barnhart
Do you require tenant's to buy renter's insurance?
I have seen this requirement on some property mgmt. websites. My insurance agent recommends that I require it.I always have recommended it to new tenants, but none ever have bought it, to my knowledge.What are your t...
Joseph Escamilla
Insurance when Rehabbing
A friend and I are under contract to purchase a property in the Poconos. The primary use will be as a Vacation home for our families to use with the potential to list it as a vacation rental in the future. We are get...
Chris D.
Need clarification on builder's risk policies
Hello BP family: I'm doing some lending and am getting conflicting information on builder's risk policies. Need some advice on this very confusing topic. My rehabbers often don't want me to speak with their insurance ...
Kaaren Hall
Invested in a House with Your SDIRA? Remember to Keep a Cash Reserve.
After you have invested using your self-directed account, you might wonder about the next steps to take. Importantly, it's crucial to be aware that a lack of available cash in your Self-Directed account can expose you...
Timothy Lewis
Renter's Insurance Help
Hello BP Fam,*Short Post Alert*I just moved into an apartment (renting) for a short time (no longer than a year) while I save to purchase a property for myself. My landlord is requiring me to get renter's insurance of...
Raj Chavda
private money down payment vs PMI vs my own down payment
this is a newbie question but here is my background...I have been a silent partner in flips for the last year on two properties which will be getting the principal and profit back soon as they are under contract or ha...
David Moore
Should I charge for actual pet repairs in addition to monthly pet fee?
Hi BP, we charge a $50 non-refundable pet deposit and a $25/mo fee per pet. In my mind, this is a nominal amount to help in the event that we have to cover extensive damage that the normal deposit would not cover.I ju...
Brian Willie
Do un-permitted additions impact your ability to refinance?
Hi, I'm considering buying a property but want to know if a seller did their own additions and it was unpermitted would it cause an issue with getting it refinanced down the line? I don't know if there are or are not ...
Jose Valdez
Rental property insurance
Hello! I might soon be purchasing my first rental property and needed some help. Is renters insurance needed? If so, why? Or is the landlord insurance all that is needed? Thank you!