Edwin Batte
For a rental owned by LLC, who is the insured?
Who's the insured on these policies — the entity (LLC) or the manager (really, owner of property) OR both?Policies exclusively naming the entity (LLC) are rear and expensive! What’s the upside, anyway?Those where both...
Account Closed
Life insurance companies are looking for the following types of..
...commercial loans:The commercial loan must be secured by one of these four major groups - (1) Multifamily; (2) Office; (3) Retail; (4) Industrial.The property should be either brand new or in pristine condition.The...
Stacy Howdeshell
How much insurance do I need for my rental property?
I am buying my first rental property and want to know how much insurance I should get for it? Do I go with the basic plan, or should I add loss of rents and possibly an umbrella policy? What about flood insurance? D...
Shu Zhu
My rentals flooded during Harvey, no flood insurance, what now?
Thanks to Harvey, my rentals located in 500 year flood zone are now flooded. What are the things that I need to do now?
Account Closed
Break in at rental--will renter's insurance cover my appliances??
OK guys, I had a break in at one of my rentals yesterday while my tenant was out of town for a week. I don't know if you can really call it a break in actuallly. I lived in this house for 2 years while I was in coll...
Travis Tannahill
Can I be a mortgage broker and and insurance agent?
Here's my situation: I'm 9 months in to owning an independent insurance agency. Things are going good, we're growing and profitable, but this business model is not a get rich quick scheme. I am fully willing (and prep...
Account Closed
Help needed: Insurance/Hiring a contractor- things to watch for
I am in the process of hiring a contractor to build a detached in-law unit. I spoke to my home insurance company (AAA) and they mentioned that they do not cover anything related to the new addition (no liability and n...
Brandon Sturgill
How Do You Handle Taxes/Insurance on a Land Contract?
I like the strategy, but have never done a land contract...I am ok on the establishing the terms to make the deal work....with the exception of taxes/insurance. Would these be my responsibility? Or could the owner ret...
Alison Reeves
Anyone know of a good insurance company that operates nationwide?
I am looking for a recommended insurance company that has expertise helping real estate investors and operates nationwide. Any recommendations, or companies I should look into?
Nolan M.
Do I need rental insurance for my house hacking situation?
So here's my situation. I've turned the basement in my personal home into a separate living area. It has a kitchen, bath, two bedrooms and an outside entrance. My brother and his family live there and pay me monthly. ...