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My mother passed away and we are renting her house out. I just became aware that she had no insurance coverage. Do I need to get insurance if renting it out? Why is the insurance so expensive?
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Hey BP community-I have been listening to the podcasts and reading the forums for a couple months and decided now is a good time for my first post. I am hoping to get some career advice. After a year in public account...
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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 ...
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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...
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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...
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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...
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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...
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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...
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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?
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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 ...