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Updated almost 14 years ago,
Insurance?
Hi All
You know, all these guru's talk about getting the title, flipping, how to get or sell the property. I've been to expensive seminars, affordable seminars, read on line articles, books.
But no one seems to talk about practical things like how to get your rehab house insured if no one is living in it. Yup, any one out there doing multiple short term rehabs? Got hazard or fire insurance? I'd really like to know how not to pay through the nose to insure these properties for the short time (less than 6 months) I'll be owning them. I do have insurance on the properties I have and it's twice the normal HO insurance rate.
Counting the costs,
Bird