General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 10 years ago,
What is the reasonable insurance premium for multi-family properties near McAllen TX?
I have both 4-plex (2 bedrooms per unit) valued at around $200k and 6-plex (1 bedroom per unit) valued at around $220k properties near McAllen TX and the insurance premium has been sky rocketing the past several years. I'm now paying about $1700 for my 4-plex and $2000 for the 6-plex and I'm wondering if I'm paying too much. My home in CA is valued at close to $600k and I only pay about $600 a year for insurance.