Santhosh Ramani
Strategy with LLC, Series LLC, Land trust & Umbrella insurance
Hi BP folks - newbie here from California (Bay area) & looking to learn from you all here!My situation: Started slow with real estate investing (turnkey) and own a couple of properties. Things seem to be going on ...
John Boby
Land Trust - who should be named on the insurance policy?
On an investment property with no loan, that's rented out, who is the owner of the insurance policy?
The structure of ownership is as follows:
Title to the home taken in the name of the land trust. So the title says...
Janet Cordero
Triplex in Florida/Disrepair-Need Help w Financing & Insurance
Hi there BiggerPockets community! Any suggestions to finance and insure a triplex in Palm Beach County, Florida that is in disrepair? The ceiling is falling down from an upstairs bathroom leak and won't qualify for co...
Vu Le
Is it possible to close and reopen an insurance claim?
A borrower filed a wind claim for another property on his insurance a year ago. Though the insurance company agreed to pay him, they have not yet sent out the reimbursement, and the claim is still open today.The curre...
Matthew Thomas
Insurance on foreclosure during eviction process (previous owner still there)
I posted this in the foreclosure forum and don't think I am reaching the right audience. (moderators, if I am wrong delete one)I was the high bidder on a bank foreclosure auction, I have attempted to offer the p...
Roger Matthews
Title company will not insure investment property cash out refi
First of all, i want to thank everybody in advance. I am grateful to find this forum because my family has been in extreme stress over the past few weeks.
Background is that we relocated from Houston 1.5 years ago to...
Ryan Wilson
HOLD OPEN TITLE INSURANCE IN TEXAS- HELP ME EXPERIENCED FLIPPERS
Quick question for all you experienced flippers in Texas. My title company told me that you can't do hold open title policies in Texas. Is this true? Anyone in Texas using a title company that does hold open title ...
Zak House
Home Insurance/Carrier dropping are due to wild fire concerns!
I have a STR in Show Low and my insurance provider just notified me that they are no longer going to insure the Show Low area due to fire risks. They got me a quote from another provider and it was about 5x my curren...
Bienes Raices
Do you buy flood insurance on all your rental properties?
I was just curious about this, whether people typically buy it only on high risk flood zone properties, or on all of them?
Alex Shaughnessy
Accidentally double insured properties twice. Can I get a refund?
Hey BP,due to some very poor communication, I got an insurance policies on 5 duplexes. This is because I was told that my current policy had relapsed. If I can prove to the other company that these properties were, in...