213 Did You Make These Mistakes Insuring Your AirBNB Short Term Properties?

Did You Make These Mistakes Insuring Your AirBNB Short Term Properties?

Visit our website: https://www.CarolinaHardMoney.com

Join us LIVE every Thursday at 12:00 PM Eastern for the Real Estate Investor Show - Hard Money for Real Estate Investors!

This week, the Carolina Capital Management team is joined by Nick Massey

Nicholas Massey is a Sales Director at Proper Insurance, the Nation’s leading vacation rental insurance provider, with over 50,000 policies written in all 50 states.

Their policy covers property and liability for vacation homes, townhouses, condos, duplexes, cabins, cottages, apartments, and more. With expert vacation rental underwriters, they can tailor a policy specific to your short-term rental property.

https://www.proper.insure

Timestamps:
0:01 - Introduction: Special Insurance for Short-term Rentals?
0:54 - https://www.CarolinaHardMoney.com
1:11 - Wednesday with Wendy: https://calendly.com/wendysweet/wednesdays-with-wendy
2:07 - Today’s guest: Nicholas Massey
4:31 - Insurance coverage for Short-term rentals/ Air Bnbs
5:47 - Odd stories for insurance coverage
10:35 - Proper Insurance Inclusions on their program
15:37 - Insurance is not wasted money
16:53 - Removing the definition of occupancy
21:24 - Effect of the pandemic on shared spaces
23:08 - Proper Insurance’s Target Market
23:56 - Safety is the first step
26:47 - Providing Basic Amenities
28:28 - Every state has a different spot for vacation rentals
30:03 - Ask the right questions before getting an insurance
32:37 - Connect with Nick Massey: https://www.Proper.Insure

https://youtu.be/_sxNFwczEi4

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Carolina Capital is a hard money lender serving the needs of the “Real Estate Investor” and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer “hard money rehab loans” and "Ground-up Construction Loans" for investors only in NC, SC, GA, VA, and TN (some areas of FL, as well).

As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.

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