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I'm so confused... do y'all do other insurance on top of homeowners policies on your short term and medium term rentals? I had someone ask me today about how they get the same type of policy that they get with hospit...
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Hello BiggerPockets fam, I am wondering how to approach this issue with my tenant. Earlier this month, my tenant uncovered water damage along the baseboards and lower walls of the master bedroom. Immediately, we conta...
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Hello,
My tenant left the bathtub faucet running, causing an overflow and significant water damage. Does renter's insurance typically cover this? If not, can I involve my insurance, or should I deduct the cost from h...
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Is there any type of insurance available that covers tenant damage to a property?
I recently had a tenant move, she created extensive damage to the property (about $40k in repairs so far). I know I can sue her for $...
If sell a note to somebody, does the lenders title policy and hazard insurance have to be changed to cover the new note holder, or does the coverage somehow automatically transfer to the assignee?
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Hi, I am in Northern Virginia and doing a tear down and new construction project. I need to purchase a Builder Risk Policy under a LLC but all the agents I have talked to can only insure under my own name and add the ...
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Hello All-My wife and I have rentals in Ohio but she is from Louisiana and the area tugs at her heart so we are looking for multifamily in the area. We do have a family friend born and raised in NOLA that can be our b...
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This is a recent decision where a title insurer denied coverage to an insured owner who had been named in a suit to rescind the deed into the insured. The insurer claimed the Complaint alleged matters which were excl...
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I am having a real frustrating time dealing with the banks who's servicing my loans on two of my properties as it pertains to insurances.Property AThe bank insists of paying insurance (regular, windstorm and flood) th...
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I'm an out of state investor living in Tacoma, WA. I own a property in Fayetteville, NC that I bought in January of 2021 and have never missed a payment on. When my PM visited the property this morning they found fore...