We're currently under contract to purchase a second home in Pensacola, FL that we plan to use as an AirBnB property. The home has been completely renovated by the seller, but it was originally built in 1940. We've got...
Hey all!First post here and excited to learn!First wanted to give my scenario:I just got my first home under contract and getting ready to close in a few weeks, in Round Rock, TX. I'll be living in the property as my ...
Should I get renovation or vacancy insurance for a house flip? I am not 100% sure I will flip it, I may end up renting it. Which is usually cheaper and what is necessary? Thanks!
Hi BP! Closing on my 2nd property and plan is to eventually rent it out. My question is should I insure it as a secondary property or rental property? My loan is a secondary home/vacation home not rental property. Wil...
I currently have Allstate Insurance for my rental property but i was told that i should change insurance companies because they do not cover non-owner-occupied properties. What Insurance company is best and what do ya...
Currently, I required them to have $100,000 in liability insurance. Would love to know what limits other LL are requiring. Property is located in Broward County, FL.
From what I've read in the forums it seems that conventional wisdom here is it's best to hire only contractors & handymen that are insured. I adopted this perspective when I started as a landlord as I tend to trus...
Hi All,I was wondering how a landlord can enforce the requirement that a tenant purchase and maintain renters insurance with a certain limit of liability throughout their tenancy. What if they move in and don't get it...
Hi BP community,
First, I want to express my deep gratitude for the time and effort that you dedicate here to helping others get into real estate investing. Thank you for sharing your knowledge and helping make infor...
I have two properties in Jersey City. One is a condo. I'm going to confirm how much of the dwelling is covered by the association but what is a good rule of thumb on telling how much it would cost to redo the fixtures...