I'm into my 3rd rental properties (with very decent renters) under personal ownership. We increased our umbrella policy to 2 million. Insurance agent advised that this should be ok. Any thoughts?
Our insurance guy is telling us that we should have a requirement in our lease that the renter have renter’s insurance for $500k liability. He said most policies are at $300k, but it’s only an extra $10/yr to bump up...
I am new to investing and am looking for my first deal. I think that I have found a good multifamily property with 2 units both of which are occupied currently. Both of the tenants have been there for a long time an...
I am currently looking to purchase a rental property in the Germantown area of Philadelphia. These homes often have knob and tube wiring. I heard that less and less insurance companies are insuring homes with knob and...
Hi all, I currently plan on relocating to the Jacksonville area in the next couple months and would really appreciate any recommendations on a wide view of what policies to take into consideration for acquiring a rent...
I'm in the process of renting my STR out for month to month during the winter season. Prospective tenant has already presented some.red flags but I said we can be more lenient bc it's short term. To protect my interes...
Hello BP. I have 3 units (Texas) in my personal name and I have a four unit (Louisiana) under contract also in my personal name. I do have an LLC but my intent is to max out my conventional loans before I begin to p...
Never have used a financial advisor and not seeing the use for one. I know they are big into insurance etc. Do you use?
Hello BP community,So I’ve lined up a great agent, contractor, and hard money lender. I’m having trouble finding private money lending specifically for that 20% down on the hard money loan. If my goal is OPM, just won...
Looking for any feedback on their coaching program? Cost is 10k and they promote hands on experience.