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All Forum Posts by: Ben Guttman

Ben Guttman has started 1 posts and replied 374 times.

Post: Working on a deal in for Myers beach!

Ben GuttmanPosted
  • Specialist
  • Baltimore, MD
  • Posts 396
  • Votes 124
Quote from @Nino Alfano:

Has anyone run into issues in swfl trying to get builders risk policy to get a deal done? 

Having trouble getting approved when property is on a barrier island close to water ?


 Which carriers have you tired? Would be glad to try an help. 

Proximity to water is often an issue but some carriers will take it.

Post: Multifamily insurance provider South Daytona Florida

Ben GuttmanPosted
  • Specialist
  • Baltimore, MD
  • Posts 396
  • Votes 124
Quote from @Scott Esmail:

I need to renew my 52 unit in South Daytona Florida insurance very soon.  The quotes I am getting are very high . Does anyone have any recommend where I can get lowest insurance rate. Its seem that  the wind coverage that is expensive part of the policy. Or does anyone know a lender that will not require wind cover and just allow hazard and GL since I also have to renew my loan 


 I will be driving thru there on Wednesday if you want me to take a look ;) We are licensed in FL 

Post: Best Insurance Broker/Company to handle commercial properties

Ben GuttmanPosted
  • Specialist
  • Baltimore, MD
  • Posts 396
  • Votes 124
Quote from @Nicole He:

Hi! I have several commercial properties in New Jersey, Delaware and Pennsylvania and would want to invest more on buying and leasing commercial properties. Please recommend the best brokers/insurance company that can take care of commercial properties. Thank you.


 Nicole - I would be glad to chat. 

Post: Looking for an Insurance Agent (Pennsylvania)

Ben GuttmanPosted
  • Specialist
  • Baltimore, MD
  • Posts 396
  • Votes 124

I would be glad to assist 

Proudly Serving MD, PA and beyond since 1985

Post: Recommendation for Property Manager in Shenandoah VA

Ben GuttmanPosted
  • Specialist
  • Baltimore, MD
  • Posts 396
  • Votes 124

BPG Property Management

@Cassidy Burns

Post: Lancaster county, Pennsylvania

Ben GuttmanPosted
  • Specialist
  • Baltimore, MD
  • Posts 396
  • Votes 124

There are pay to play sites that track everything with a lot detail (GC, Architect, Engineer, etc.) if that's what you need

Post: In Attorney Review

Ben GuttmanPosted
  • Specialist
  • Baltimore, MD
  • Posts 396
  • Votes 124

Some carriers will work with you if you are replacing it upon purchase.  Otherwise, possibly getting a different policy form until updates are done may be an option too!

Post: Florida insurance rates are going up a lot. would switching brokers help?

Ben GuttmanPosted
  • Specialist
  • Baltimore, MD
  • Posts 396
  • Votes 124
Quote from @Anna Sam:

I think this may  be happening in many states. But I see that the insurance rates are going up. I am in Florida and that is the case for inland and properties in coastal areas. Personal home and rental properties . 

Trying to figure out the best way to mitigate this issue. Do you have the same issue and how did you solve this?

I can start contacting brokers and fill out so much paperwork but not sure if there is any other way ? Kindly share your thoughts and suggestions. 


It is happening everywhere! Florida is more extreme due to the lack of insurance reform, Surfside,and Ian. 

Post: Insurance and contractor quotes on trashed rental

Ben GuttmanPosted
  • Specialist
  • Baltimore, MD
  • Posts 396
  • Votes 124

I am an investment insurance broker and I had a client with a horrible tenant like this.

It will really come down to policy language, as some carriers exclude vandalism by occupants.

BUT, I also agree with the other posters that it may be cheaper to repair than make a claim minus deductible and increased premiums moving forward. 

Glad you can move on with this one!

Post: Looking to Build a Network

Ben GuttmanPosted
  • Specialist
  • Baltimore, MD
  • Posts 396
  • Votes 124
Quote from @Frosso Adamakos:

Hi there! My husband and I are new investors in the Baltimore area. We'll be BRRR'ing town and row homes. We hope to connect with other investors and would love recommendations for any property managers, short term and long term lenders, and especially contractors. Look forward to hearing from you! Thanks in advance!


 Glad to connect