I own a condominium in the Olde Kensington neighborhood of Philadelphia, PA. The insurance policy I have on it is the HO6 policy. This will be my first rental and want to make sure I've got all of my insurance in plac...
Hello! I just bought a property on the courthouse steps for $21k. Auctioneer advised me the title will be mailed to me within two weeks.What’s should be my immediate first steps?Can I still choose my own title compan...
Hi AllI am starting my first flip in the south suburbs of Chicago and I need to get some insurance to protect me during the process. I think I need a builders risk policy to protect against fire, theft, etc. I read ...
Hello, I hope you are doing well.
I wanted to ask a couple questions from the perspective of a CA resident.
Let’s say someone owns a primary residence, and is in the process of building an ADU on that same plot of l...
What type of insurance coverage are other using for their rentals (Actual Cash Value or Replacment Cost) and why?Best of Success!
Hello, I am about to close on a property soon and it requires about $20-25k of rehab before I rent it out. The rehab required is flooring (carpet/vinyl), sheetrock, finishing bathrooms/kitchen (it was half-rehabbed ...
Recently, my neighbor drove her car into the deck in my back yard. Long story short, her insurance company sent an adjuster and he determined the deck needs to be demolished and replaced. It is what it is.However, the...
I am looking at two 4-plex's in Palm Bay which gross about $58k a year in rent. The owner is looking for $400k. The problem is that the current owner has them free and clear and does not carry any insurance on the s...
If not, who pays for my rental property house if it burns down?
I need some kind of insurance right?
I currently still have HOI for a property that has been a rental for a few months. And it costs at least $1000, so...
Hi All,I apologize if this is the wrong forum, but need some help on a Asbestos quote that I received. This is time sensitive, as the bank is requiring it as a condition for our commitment letter, and time is running ...