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Updated over 4 years ago on . Most recent reply

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15
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Elijah Rembert
1
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15
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House hacking a duplex

Elijah Rembert
Posted

Hello, my wife and I are currently in the process of buying a duplex and plan to house hack it and live in one side. Currently I’m wondering what is the best way to insure this property. Landlord insurance with my own renters insurance? I’m completely open to any and all suggestions! 
thank you! 

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2,132
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Alex Olson
  • Real Estate Broker
  • Kansas City Metro
1,165
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2,132
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Alex Olson
  • Real Estate Broker
  • Kansas City Metro
Replied

@Jeremy Barren If it is a duplex it shouldn't be too much. Mine runs me about $1,900 for the entire year on an old 1915 duplex in kansas city ks. Depends on replacement cost value which depends on your area. Maybe 1% of the purchase price or so. 

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