Jingru Sui
What kind of insurance policy you have for your rental home?
I'm in the process of close on my first rental house. Currently am shopping for an insurance policy for the rental. My statefarm agent just tell me in order to have a rental dwelling policy I have to have a tenant in ...
Calvin Ly
Title Insurance Company Not Covering Fee Paid to Clear At Closing
Both the title company and the title insurance company I used when I bought my flip property refused to cover the cost I had to pay to clear a title issue that came up when I went to sell the property. The title insur...
Dana Whicker
Florida Tax Deed, Attorney says no title insurance for 5 years.
I purchased a parcel in Nassau County, Florida at a tax deed auction a few months ago. Just to be clear, I understand the difference between a tax lien and a tax deed. I got a tax deed via an auction on the courthouse...
Xavier G.
What happens to Flood Insurance Check if you sell your house
Here is the hypothetical situation:Somebody's house flooded, they file a claim and then sell the house right away without doing any repairs. Do the sellers still get the full check from the insurance or do they lose s...
Jennifer Rysdam
Approximately how much should I be insuring my 8-plex for?
Hi everyone! I bought an 8-plex in SW MN in April. I paid $175,000 for it. It was insured for $520,000, so I just stuck with that number for my policy too. Is that a reasonable number? Do I really need that much? It's...
James Oey
Should insurance be paid through escrow to avoid due-on-sale?
So, I am planning on purchasing a property under my name then transferring to an LLC. I'll add the LLC as a named insured at the time of transfer. Does it matter if I pay for insurance and property tax through the len...
Bob Anthes
Do I need different insurance for STR vs long term rentals
I’m in the process of converting my long term rentals into STR in FL and NC. Do I need additional or a different insurance policy being my homes are now STR?
Caleb Mitchum
Insurance Company Offering to Pay Rent for Family with House Fire
I've recently listed my rental property and have been contacted by an insurance company that is willing to pay a decent amount more than list price to rent to a family that has lost their home in a house fire. I have ...
Diane Perry
HELP! Issue with insurability of purchase intended to be a rental
HELP! I have a situation and would love to know if you guys think I should walk away. My realtor is terrible, made a lot of mistakes, and doesn’t advise me well. She filled in the contract NOT as I requested, and it t...
Daniel Francoeur
Do we need two insurance policies? 2 buildings on 1 lot
My brother and I are purchasing a lot that has two buildings on it as an investment property. The property is in Pawtucket, Rhode Island.There is only one deed for the lot. We are getting a lot of different info from ...