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?
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...
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 ...
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...
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...
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...
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...
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...
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?
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 ...