Insurance for as BRRRR (From Purchase through renting)

[Andrew K.]

Happy Saturday!

I am closing on my first rental property in Ohio and need to find an insurance agent to ensure I have the proper insurance.  Any advice on where to find someone?  I have heard Landlord insurance is what is necessary, but will that cover me during the rehab time when it's vacant?  Thank you!

[Mike McCarthy]

Depending on the length of renovation time, some insurance companies will still cover under a landlord policy. Discuss the details with your broker and figure out what length of time is needed.

It may also depend on how much work you’re doing. If it’s painting, a bathroom, etc, that’s probably different than a full gut down to studs.