All Forum Posts by: Joel Oh

Super easy solution! If it really has a potential, find a investor! 
ask for $25,000 to furnish and who knows this person may know a great handyman and cleaning crew. The door is wide open you just need to find the right key

I just got a quote from proper insurance (this is my first time actually considering them due to their price)

and their premium is almost $1,500 higher than other companies. (This is a multi)

I know I will never use the small claims they emphasize since they will just increase my next year's premium to cover their loss.

So I am really wondering. Are they really worth paying the extra premium? 

How are yall's experiences with them compare to other popular insurances such as Farmer's or Travelers?

Hello guys,

I just purchased a four plex in St.Paul, MN.

I am planning to run it as mixture of short term and long term rentals since there are existing 2 long-term tenants.

I got the quote from my usual insurance company and what seriously?

They gave me quote of $4000 for smaller than 3000 sq ft house!

I understand this is over 100 years property but seriously $4000?

I got a second quote from a different company, and they gave me close to $4000 as well.

This is blowing my mind. I was expecting maybe $2500~3000 but w.o.w.

Insurance is seriously making me to consider flip instead of renting. 

Is there any insurance company that covers short-term and cheaper in MN?