Agustin Peirano
What type of insurance I need to rent my Townhouse/Condo?
Hi all,
I bought a townhouse/condo in Salt Lake City, Utah and I am planning on doing long-term rental with it. I want to get insurance for it but there are a lot of things I don't know since it is my first property...
Chris K.
Shopping for life insurance and don't know how to chose company
So I'm shopping for life insurance and it's completely new to me so I'm kind of nervous about who to go with. The difference in the price quotes is why i'm confused. I'm looking for $250k for 30 years. So, for exampl...
Nancy Bachety
Insurance needs - switching from a STR to LTR Single family house
Posting this question here since many STR investors are also LTR. The insurance needs/costs are probably greater with a STR (liability, contents, etc) compared to a LTR. What changes would you make for a LTR single fa...
Ivan Oberon
Installment # 8 Insurance Issues for The Real Estate Investor - LIABILITY Continued
Installment # 8 Insurance Issues for The Real Estate Investor.LIABILITY - ContinuedThe type of policy ("commercial" or "personal") can affect whether a liability exposure is covered.As an example, the “generic” pollut...
JR T.
Insurance - Don't have any & not worried. Convince me I'm crazy.
I have 15 rental units and a primary residence in Frederick & Washington Counties, Maryland. Because they were acquired outright and my cash position has been continually strong since the time of the acquisitions ...
Alex Babayev
Landlord w/ 6 Properties & Multiple Insurance Claims WHAT TO DO?
Hello BP World, I currently have 6 rental properties that are all in my personal name. Over the years I have had 3 different claims at separate properties some that I no longer own. My problem is insurance companies a...
Mark S.
Would You Ever Not Escrow Tax/Insurance If Given The Option?
I just found out from my mortgage folks that I have the option to not escrow taxes and insurance on my upcoming investment property purchase. I’ve never been given this option before and always assumed you had to esc...
Ann Madara
Ownership, LLC, Land Trust, Tax and Insurance...all rolled into 1
My husband and I own a home that is our residence. We owe less than 30k on our mortgage, we've owned it for 15 years, it is in both our names and has value. 10 years ago his mother deeded her house to only him, indivi...
Erez Shocher
What's the best insurance policy as I grow my rentals portfolio?
Hi everyone,I started investing in rental properties through my LLC in 2015 and I currently have 6 rentals (10 units altogether as some are doubles). I'm working with a local insurance agent and I insured each propert...
Matthew Alexander
Residence to rental in May. How to apply insur/tax expenses?
Last May, I converted my residence to a rental property, so it was technically a rental property from May to December. In November, I paid my 2017 County tax bill. When filling out my Schedule E, should I divide my ta...