Hi fellow REIN members!
I am getting close to get my first investment townhouse. I want to plan ahead so I can have an accurate picture of my true cash flow.
Since this is a condo purchaser, the condo fee includes exterior/fire insurance.
I have been told that I should get "rental loss" insurance and "content insurance" on my appliances, fixtures and everything that is mine, not the tenants.
If that`s the case, can you recommend an insurance broker in Edmonton?
Am I missing anything?
Thank a lot in advance!
Tommy
I am getting close to get my first investment townhouse. I want to plan ahead so I can have an accurate picture of my true cash flow.
Since this is a condo purchaser, the condo fee includes exterior/fire insurance.
I have been told that I should get "rental loss" insurance and "content insurance" on my appliances, fixtures and everything that is mine, not the tenants.
If that`s the case, can you recommend an insurance broker in Edmonton?
Am I missing anything?
Thank a lot in advance!
Tommy