All Forum Posts by: Dom Chit

Thank you!

Thank you so much. DD, inspections, appraisals done. Those are great tips.

Hi everyone. In 2 weeks we will be closing on my first deal. An off market 6 unit apartment and 6 townhome complex. So far I have my PM lined up and am working on getting a new insurance policy. What else should I be working on at this point?

@Dan Handford Thank you so much, that is exactly what I was wondering! 

Thank you for the reply @Dan Handford. I was hoping for a review of the quality of the insurance provided. I'm interesting in going with them.

Hi does anyone have any experience with the Berkshire Hathaway Insurance Companies for multi family? Thanks.

Thank you for the information!

Thank you so much for the reply. As a follow up, what do you think are specific endorsements one should get in additional to basic insurance and how much would be a reasonable amount to cover to. Thanks.

Hi, I'm in contract to acquire a 2 property deal: 6 unit apartment and 6 townhome. Looking at insurance for these properties, what is generally considered to be adequate coverage, ie what should be covered and how much would be a reasonable amt. We are looking at either 90% or complete replacement cost as a basis for the quote. Thanks!