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Real Estate Institute-Belize

81 members • Free

105 contributions to Real Estate Institute-Belize
Good morning,
"I have learned from experience that the greater part of our happiness or misery depends on our dispositions and not on our circumstances." Martha Washington, 1732-1802, American First Lady. Enjoy your day everyone, keep striving aiming to the highest star!
1 like • 14h
Agreed!
Felt Good Today after finally picking up my certificates
I stepped out of my comfort zone in IT to try something new and I'm glad I did! Thank you!
Felt Good Today after finally picking up my certificates
Type of insurance required for your STR.
After renewing my insurance policy I noted the requirements for STR's is a little bit differet than your normal home insurance policy. Please take this into consideration when you are doing your projections. The difference comes down to how the property is being used. If you’re operating an Airbnb under BTB licensing, your insurance must reflect that the property is being used for commercial tourism purposes, not just personal residential use. Here’s the breakdown: Regular Home Insurance (Residential Policy) What it covers: Fire Theft Natural disasters (depending on policy) Damage to the structure and your belongings What it assumes: The home is for private residential use No paying guests No commercial activity Important: Most standard home insurance policies exclude business or short-term rental activity. If a paying guest gets injured and you only have residential coverage, the insurer can deny the claim. 2️⃣ BTB-Compliant / Short-Term Rental Insurance This is typically either: A commercial property policy, or A residential policy with a short-term rental endorsement, or A policy specifically written for tourism accommodations What it covers: All regular property risks (fire, storms, etc.) Public liability coverage for paying guests Injury claims (slip & fall, pool accidents, etc.) Guest property damage claims (depending on policy) Why BTB requires it: Because once you host tourists, you are operating a business, not just a home.
Corozal
I didn't realize how beautiful Corozal Bay is from this angle. I drive pass all the time and fail to appreciate the view or wander around.
Corozal
0 likes • 26d
@Julio Dominguez lots of nice houses building this side too.
1-10 of 105
Mike Montenegro
4
18points to level up
@mike-montenegro-1450
My name is Mike Montenegro. I am Entrepreneur and love to travel and experience new cultures.

Active 14h ago
Joined Jan 8, 2026
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