I help investors optimize their financial strategy by implementing the Infinite Banking Concept (IBC), finding the best insurance for their properties and cars, and connecting them with legal experts for living trust creation.

Nevada #1 in Car Ownership CostsNevadans pay the highest car costs in the U.S. at $6,120 per year, with insurance alone at $3,439.

Last piece of advice is to surround yourself with quality service providers (real estate brokers, lenders, accountants, attorneys, PM's, Contractors, Insurance Brokers)., They will be instrumental to your business. 

But because it is built before 1960 banks do not insure it as it is(not renovated) for earthquake so they do not grant me a loan even though my payslip is quite good 

I just resided an aluminum duplex due to having some of the costs covered by insurance, but all in it was about 17k with new window wraps. 10k was covered by insurance. 

My question is around property insurance and specifically what are everyones MUST HAVE COVERAGES. 

But of course Like I said you pay somewhat of a premium over the cheapest hard money out there that reguires down payment  paying their points and fees UPFRONT making monthly payments paying for insurance..

A public insurance adjuster works for YOU!

Generally - the depreciation on the structure, mortgage interest, property taxes, repairs & maintenance, insurance, property manager, utilities, vehicle expenses (mileage), professional fees (reports/CPA), home office (office supplies, percentage of utilities, continuing education).

Insurance for 1-4 families is reasonable.