All Forum Posts by: Dennis Moynihan

If you are looking to get the bare minimum coverage, confirm with your lender (if you have one) what is the least amount of coverage they will accept. The lender will most likely dictate this. 

 Thanks, using dogs may be too aggressive. I don't think the insurance company would allow that for liability purposes. 

What are some Security Systems out there that pair well with a 30-unit Class C multifamily building? Any advice would be much appreciated. Thanks in advance!

Hi Joe - Greetings my fellow Chicagoan. We have a commercial insurance program that fits exactly what you are looking for that will provide protection for vacant properties and tough to place risks. We have investors that place 100's of properties into a similar type of insurance program. Please feel free to direct message me to connect. Thanks and best of luck. 

Hi Mike - I hope all is going well, and I'm not sure if your issue has been resolved yet. We can get you a commercial insurance policy with your LLC name as the Named Insured. This would be easy to set up and not take up much of your time. Best of luck!

I can get this done for you. Please DM me to connect. 

Hi Steve - I'm just seeing this post now, but I could have certainly helped you out. I live in Northwest Indiana. 

Let me know if you have any interest in setting up a reporting insurance form for all of your REO properties. We have a national insurance program where it's pretty much plug and play and you can throw properties on an insurance policy and take off at will. That way, you don't have the time and stress of finding a separate insurance policy for each REO transaction. Let me know if this is of any interest to you. Best of luck!

Hi Julia - Yes, we can get this done for you. We have Wisconsin offices in Waukesha and Wausau as well. What is the best way to get in touch? 

What Cap Rate and Price Per Unit are comparables selling for in your area? 

Depends on many other factors but this will certainly be insurable.