What are people's thoughts around tenant's Renter's Insurance in Chicago? We recently signed a lease with tenants (2 people - Person A & B) where they have 1 renter's insurance. Person A has the renter's insurance...
Hello all, I am new to the site. I've been doing a lot of homework and asking questions about purchasing my first rental property. Ill be posting more questions shortly :)
I found a property which is a Triplex. The ...
got a question. lets say you purchase a tax lien, and before the property is redeemed or you acquire it thru quiet title, what happens if the house is burned down or damaged by the current owner or someone else?? ...
Hi All,
Sorry if I am asking a stupid question but I am new to real estate investment, and I wasn't sure if purchasing insurance for my rental property is highly recommended? It seems like a waste of money. Thanks i...
An investor who had a fire at their property had full insurance coverage on the loss, the policy was in force, had about $90,000.00 in damage, had a limit of insurance of 1.5 million dollars, and was a clear cut case ...
I know that it is advised to have dwelling insurance on a lease but, can I keep paying the homeowners insurance even though I am leasing the property?will the insurance allow me to do this?
What recommendations do you have for insurance on a triplex that's paid off in Miami, FL? As you know the rates in Florida are out of control. Some people have opted for no insurance while others have opted for fire p...
Hi BP, I am a new investor and new to BP. I have recently purchased 3 lots of land off a post auction list in Arkansas and want to resell. And reading up on the Limited Warranty Deed that is given, this doesn't clear ...
Hi guys, so after I deeded a rental house into an LLC, lets say the LLC's name is "ABC LLC " .... So now the insurance should be in the LLC's name?
On the insurance policy it should say that the insured is "ABC LLC"...
My wife and I are purchasing a STR in bay county. I got a great deal on the property which is why we moved forward, however I have recently been floored by HOI, the lowest quote I’ve gotten is 6k, is anybody having th...