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Updated over 13 years ago, 08/27/2011
Deductible for flips & rentals
After 10 years of investing in real estate I just made my first claim. What a pain in the you know what.
Well I have decided my deductibles are to high now. I was using 2% of the property value as my deductible. Now thinking of $500.00 for rentals & $500 for flips.
Any thoughts or suggesions. Would love to hear what the rest of you use.
Hope all is well!!