Dan Graney
Looking to rent out my second house, what kind of insurance?
Question on behalf of my daughter. I own my own home and am currently am living elsewhere. Looking to rent it out but am a total newbie to land lording and have many questions. I have my own homeowners insurance. Woul...
Ian K.
Help! Insurance dropped despite inspector saying roof is New and Good
I just purchased a new home with the intentions to rent it for a few years. I had it professionally inspected and they found the roof to be "relatively new and in good condition". I just heard from my insurance comp...
Amit Biswas
Did any one get worker comp insurance as home owner builder ?
Hi Did any one get worker compensation insurance as home owner builder ?How did you get it? Which insurance carrier , what kind of product, what kind of premium/pricing for what kind of sq ft additions/building, what ...
Maged Bishara
Insurance company is balking because I don't live in the property
How is everyone? Quick question. As an investor we, obviously, don't live in our investment properties.The issue is that my insurance company didn;t want to renew the policy today because the house is a vacation renta...
John Hammond
Sold a property and owner financed. Is new owner under insured?
We just closed last week. There was a section in the mortgage that states that the owner will have a policy that covers the "full insurable value" and a lot of other legal jargon. The gist of the paragraph is that h...
Keith Acfalle
Tips on Removing Mortgage Insurance Premimum (MIP) on an FHA loan
Hi Everyone,I am a new investor looking to invest in real estate in the next year and have been looking into leveraging an FHA loan to minimize my initial capital invested. However, after running a cash flow analysis ...
Archana Kolla
If I Rent property who will pay Property Insurance Owner/Renter?
Hi, I am new to this Area, incase if I buy a Home for Rental Property Who are responsible for paying the below costs (Renter/Owner)?1. Property Taxes?2. Home Insurance?3. Pest Control?4. HOA Cost?5. Maintenance Issues...
Justin F.
Finally about to close... but am I getting shafted on insurance?
Whoop! Hi Biggerpockets,
So I'm finally 2 days away from closing on my first rental. :cool: Very cool.
Anyways, am I being shafted on insurance? I feel that this premium might be expensive for what it's offering. T...
Bienes Raices
Insurance Strategy for these deals, am I on the right track
I went with the realtor to view the two houses I posted about in another thread.
Both houses have a half finished garage conversion which should probably be converted back to a garage, also one of the houses has a me...
Jeremiah H.
When filing an insurance claim, do you use a private adjuster?
I didn't know this job existed until this week when someone told me that was there job. Low and behold I have a water leak in a rental today and need an insurance claim. The whole idea of using an independent adjuster...