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Updated over 7 years ago on . Most recent reply

User Stats

13
Posts
1
Votes
Caspar Vester
  • Superior Twp, MI
1
Votes |
13
Posts

BRRR and Home insurance?

Caspar Vester
  • Superior Twp, MI
Posted

Hey Guys!

My first post.

I absolutely love anything and everything that BP offers.

I have looked into the BRRR a lot and see how power this strategy can be.

My question is during the BRRR process does your home insurance change since the home value changes??

Thanks in advance

  • Caspar Vester
  • Most Popular Reply

    User Stats

    46
    Posts
    17
    Votes
    Bryan Tomko
    • Realtor
    • Nazareth, PA
    17
    Votes |
    46
    Posts
    Bryan Tomko
    • Realtor
    • Nazareth, PA
    Replied
    a vacant hoise costs much more to insure. if there is a fire, no one is there with a fire extinguisher. If a pipe bursts, someone may not see it right away and shut off water. Thieves could break in and steel all the copper piping. The list goes on

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