All Forum Posts by: Brent Cullipher

hi and thanks Mike!

this property in question is located in North Carolina and is probably due to the area which isn't bad and is around a Marine base. I will just have to shop around. It is nice to receive a response from somebody local here in San Antonio, though. My next post on BiggerPockets was going to be directed towards other investors out here in this area. 

Hi Jeff

Thanks for the post.  I am definitely looking into brokers today.  I don't have the spread available on that house to envelope this cost.  If Yall feel you have a broker who can shop around, specifically for the eastern NC area or know of any smaller companies please o tell. 

Howdy! (Did I say i t rig ht?),

I'm a new member to BP and just wanted to introduce myself to the community. I'm new to the San Antonio area due to military relocation. I am an aspiring newbie investor with a little bit of background in finance and real estate due to having family in it for so long.I own one home in North Carolina which is currently a rental, and plan to use up the other half of that VA entitlement to purchase a triplex or 4 Plex in the May/June time frame.. in the meantime, I'd like to in buy and flip a couple properties and get my feet wet. I am hoping to network with other investors in the San Antonio area. I currently know a few realtors and a few wholesalers and a couple lenders right now and looking to add to that list. absolutely feel free to contact me if you have any questions or if you are in the San Antonio area and would like to get together at some point. Thanks a bunch

Hey guys.. and gals,

This was my very first post to bigger pockets and am thrilled with the response rate.  Thank yall so much.  To clarify, I am currently in San Antonio Texas, but just moved from North Carolina. We own our house in North Carolina which just rented out. We currently rent a home in San Antonio.so it is our house in North Carolina that has the home owners insurance policy which is more than doubling now since we are renting it out. I will take yalls advice and look at smaller brokers so that they can look it many different companies all it once rather than me doing so one a time.  

thanks for the responses, yall.  from my understanding, landlord insurance / investment insurance is going to be more expensive because the risk goes up in regards to tenants being at home as opposed to the homeowner. They say that statistically there are more claims made when its not owner occupied.I am currently shopping around prices, but what seems odd to me is that there are more companies that provide this landlord insurance. What do all the home owners do that have houses rented? Why does it seem like a no mans land? What are all these other investors using for their rental properties?

Hi ,

I have USAA and I have my homeowners insurance policy with them. I have a rental home that just got to rent it out and have to update my policy to weigh landlords insurance policy and I'm going from a 450 dollar premium per year to just over 1100 dollars. Maybe I should switch companies? Or are they all going to be this expensive? What type of insurance should I buy? Premiums? Umbrellas etc?