I was just doing some due dilligence on a proprety and I spoke to my Insurance Company (USAA), and had a mild heart attack when they told me how much it would be to insure.  1st I ran it online and it came to be ~$6k/...

I've been scanning and reading a lot of posts for the last few months and when people do their breakdowns of their buy and hold investments, I commonly see their insurance as extremely low. Often times, I see somethin...

I'm just in the process of securing insurance to the inside of this condo, when of course the HOA calls me with an "emergency": the tenant somehow managed to get the drainage hose out of it's socket on the wall and di...

Hi All - Yesterday we had a car run off the road and onto the property of our rental. Luckily it didn't hit the house, but it caused some damage to the sidewalk/railing. Nothing too major surprisingly, but the driver ...

We own a SFH long-term rental. We self-manage. We have good tenants in there entering year 2 of a 2 year lease. One of the tenants hung a picture on a wall, puncturing a water pipe. There was a leak and about $10k in ...

Got 2 reply from roofers, they found significant hail & wind damage to the roof which contains x2 layers of shingles and can not be repaired. So total roof replacement is needed , cost about $10000.  Want to know...

I have a duplex where tonight the lawn mower company that I hired hit my tenant's vehicle side mirror with his lawn mower and knocked it off. The tenant's vehicle was parked on the street which butts up against the ya...

I filed a claim with my insurance company for wind damage to the siding on one of my properties.  At the last minute, I called a contractor to meet the adjustor at the property so they could inspect it together.  The ...

Hi everyone, I have direct contact with a seller in a unique situation and I was hoping for some guidance. Her father's property took on heavy fire damage early last year, and before he could go through the process wi...

I'm reading a book right now that suggests it might make sense to lower your property insurance as you pay off more of your loan. So if you take out a $200K policy to cover your $200K house, but then pay down $100K of...