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All Forum Posts by: Pratish Halady

Pratish Halady has started 9 posts and replied 23 times.

Post: New to rental property investing

Pratish HaladyPosted
  • San Francisco, CA
  • Posts 23
  • Votes 7
Hi everyone! My name is Pratish. My wife and I have been talking to friends and family about rental property investing for a while but only now are actually trying to do it. We're hoping to close our first rental property soon, in Daly City just south of San Francisco where my wife is from. We are currently based in Philippines but have close ties to Bay Area. This site and the book on rental property which led me here have both been very helpful particularly for me as a newbie. Hoping to learn lots and have interesting discussions with others on this journey. Talk to you soon! Thanks, Pratish

Post: Insurance for rental property in Bay Area

Pratish HaladyPosted
  • San Francisco, CA
  • Posts 23
  • Votes 7

Hi everyone!

I am in process of buying my first rental property, in Daly City just south of SF city border.

For rental property, can anyone suggest what is important to get in terms of insurance, and which are not as important? Also how important is a $1000 deductible compared to $5000 deductible, for key items such as dwelling, personal liability, etc? It is a rental so should I go for cheaper rather than more comprehensive coverage?

Sorry for all the basic questions; just my first time and I thought some of you may have gone through this before in SF area. Many thanks!

Kind regards,

Pratish 

Hello everyone. I'm new here but did a search and couldn't find this query hence asking. My wife and I are in the process of buying our first rental property in Daly City, CA. We live abroad so would look for a property management company to manage it. Would anyone have some good recommendations for the area? Thanks very much!