Cal C.
Flipping a house bought with Quit Claim deed
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...
Pete Broom
What sort of insurance should I get for my first rental condo?
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...
Jennifer Rysdam
What to do?? They won't get me copies of renter's insurance
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...
Jonathan Wildy
Short and Medium Term Rentals Other insurance ... not homeowners not air cover
I'm so confused... do y'all do other insurance on top of homeowners policies on your short term and medium term rentals? I had someone ask me today about how they get the same type of policy that they get with hospit...
Jessica Flint
How to verify if a handyman/contractor is licensed and insured?
All you excellent contractors out there, or anyone who can help, I need to verify that a contractor is licensed and insured before I can start a job. It's dealing with the sewer in the city, sidewalk replacement, bla...
Emmanuel Sanchez
Tenant Claiming Damages To Personal Property
Hello BiggerPockets fam, I am wondering how to approach this issue with my tenant. Earlier this month, my tenant uncovered water damage along the baseboards and lower walls of the master bedroom. Immediately, we conta...
Paul O'Connor
Flood insurance can't be canceled and pro-rated? Is that right?
Ok... so I posted a week ago about some refinances where I couldn't make the numbers work, because flood insurance quotes are just too high and ridiculous. Well, I ended up getting flood insurance on one of my propert...
Yaniv Sigler
Tenant forgot the bathtub faucet running causing a water damage. Who should pay?
Hello,
My tenant left the bathtub faucet running, causing an overflow and significant water damage. Does renter's insurance typically cover this? If not, can I involve my insurance, or should I deduct the cost from h...
Ellen Mitchell
Pocketbook Protection from tenant damage property
Is there any type of insurance available that covers tenant damage to a property?
I recently had a tenant move, she created extensive damage to the property (about $40k in repairs so far). I know I can sue her for $...
Peter Walther
Florida Appeals Court Orders Insurer to Defend Rescission Claim in Title Dispute
This is a recent decision where a title insurer denied coverage to an insured owner who had been named in a suit to rescind the deed into the insured. The insurer claimed the Complaint alleged matters which were excl...