How do you guys estimate insurance?

[Noah McPherson]

I feel like I should know this, but how do you guys estimate insurance? I know on the podcast they talk about habitually analyzing deals so you get good at it. So, let's say I analyzed 10 this morning. Would you call the utility and insurance company for accurate numbers? Or do you do a ballpark estimates first?

[Zachary Cummings]

Hey @Noah McPherson!

So this will come with experience. Without experience, I would call a few insurance companies for the specific area and see what this might cost you and be conservative. If you are required to pay utilities, this is always going to be random so being very conservative here until you can ask said owner for bills, is the best you will be able to do IMO.

Hope this helps!