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If a tenant does damage to my unit but can't or won't pay for the repairs, can I document the damage and file a claim against his renters insurance?
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I have a home we purchased, and we have been doing a remodel on it. We are so close to being done and will move in 2.5 weeks from now. Insurance company tells me it will laps this week unless we provide evidence that ...
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Hey BP Family, Just trying to gauge what other Rehabbers specifically in the Dallas area are generally paying per sqft for paint and patch? I understand its very dependent on your contractors and subcontractors and al...
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We own seven multifamilies, with about 18 units, in a town where the cost of rebuilding is double what the properties are currently worth (even though they're all mostly renovated, in good shape, and bringing in an ex...
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Hello everybody.I am getting close to my first purchase, and wonder to know what are the important points in these 3 types of insurance.Thank you in advance, and best regards.
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Hi everyone;
I am purchasing a sfh for a rental with a partner. I am working on a LLC for us to hold it in and had some quick questions:
1. how do we set up insurance with 2 of us owning?
2. do I set up an LLC...
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A friend of mine that owns one investment property recently warned me of the need to require tenants to have insurance due to the "loss of use" liability. The main water line to his property recently burst, flooding t...
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I have a house in GA under contract and I won't be able to get a warranty deed on it, just a quit claim. The law firm I used to close my last purchase says their title insurance company will not insure the title...
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I just got my first rental condo for $310K. For this, I am being quoted $250/year for umbrella insurance which covers $1M/$2M per occurrence/aggregate. From what I gather from this forum, getting an umbrella insurance...
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It's in my lease that they have to have renter's insurance. I have asked for copies and they just aren't getting them to me. Do I send a final notice that they need to get it to me or get evicted for lease violation o...