Jarreau Jackson
Should I cancel my HOI now that I've converted my Primary to an Occupied LTR?
Hello BP Fam - A low-hanging fruit question regarding insurance on an SFR. I recognized when reviewing the performance on one of my rentals that I may be overly insuring my property. My goal is to maximize the NOI. ...
Kyle M.
Umbrella Policy - First Rental
I purchased my first rental and am currently keeping it under my name (not an LLC). I am looking to add properties at a pace of 1 per year. Would an umbrella policy be the best option to cover me? What amount should...
Dan N.
Liability Coverage for a house within an LLC
I am in the process of buying a $170K house. I plan to own it in an LLC. I am quoting insurance companies and for liability coverage, I was wondering if the liability coverage should be approximately the same value of...
Jeffrey Evilsizor
Limiting Liability
I am a new investor. I have two houses in the Phoenix market under rehab for fix/flips in separate LLCs. I live in Kansas City. I have a trusted friend who is overseeing the rehabs that gives me confidence to invest...
Ryan Haase
How long does a claim count against the home?
We own a SFR that had two water damage claims, one in 2011 and one in 2012 for a total payout of $6,000. We bought the home in 2014, so these claim aren't against us, but against the home. I was just wondering how lon...
Kyle Doney
401k vs IUL
I'm interested in opinions on Indexed Universal Life Insurance vs. 401k options. I know both can be used to invest in real estate while saving for retirement. Its tough to find unbiased opinions on theses retirement...
Franc B.
Slow fridge leak damaged my floors can I claim on home owner’s insurance?
A slow leak has caused $2.5K damage to a rental property of mine. Does anyone know if home owner’s insurance would cover this? Looking for guidance before I submit a claim. Thank you.
Lucas Love
Asset Protection Plan
I am looking to protect my assets (undeveloped land, primary residence, investment accounts) as I build my rental properties up. I can’t put the rental in an LLC as it’s already under loan backed by Fannie May.
I tho...
Jessica Hollingsworth
What to Cover (rental)?
What all do I need to cover on insurance on my landlord policy? I have a policy but I feel like it’s too much?
Rich Hupper
Mortgaged property and fire
I do not have experience with this topic and looking to understand the ins and outs. If you buy a rental property with a mortgage and there is a significant amount of damage to the property due to fire so that no unit...