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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
Let’s get one thing straight: Real estate investing isn’t a get-rich-quick scheme. If you think you can just waltz in and start raking in cash without a solid game plan, you’re setting yourself up for a financial face-plant.
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Insurance
HomeForumsInsuranceMichigan rental insurance help!!!
Chad Lamb's profile image
Chad Lamb's profile image
Chad Lamb
  • Rental Property Investor
  • from Denver, CO
  • Member since Apr 13, 2017
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Chad Lamb's profile image
Chad Lamb's profile image
Chad Lamb
  • Rental Property Investor
  • from Denver, CO
  • Member since Apr 13, 2017
Connect
Chad Lamb
  • Rental Property Investor
  • Denver, CO
28
Votes |
70
Posts
Insurance

Michigan rental insurance help!!!

Chad Lamb
  • Rental Property Investor
  • Denver, CO
Posted Nov 5 2017, 09:52

Hey all, 

I have a SFR in Michigan that we are rehabbing currently, this will be rented out when finished. When I got my quote through State Farm they said they would insure it but only if we had, at least, a lease signed. They would not insure it if it was vacant longer than a month or without a signed lease starting soon. Is this something you have seen before?? Especially to the Michigan peeps out there.

Thanks!

Chad 

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