Insurance Agent8.

My husband and I plan to use the proceeds from our sale to purchase a larger business in a few years using an SBA loan.For those interested in exploring entrepreneurship through acquisition, I think laundromats are a great place to start.

I guess a flat seasonal fee like any insurance policy, sometimes you win, sometimes you lose.

Also, can you say more about landlord vs renter’s policy on insurance ?

Using your ratio that leave 13.38% for pm, insurance, maintenance/cap ex.  

@Jessica Seppo,Many people take the cost of an LLC and funnel it towards more insurance and an umbrella policy.

Insurance and LiabilityWhat type of insurance is required for a renovation project in Chicago?

One downside of MF can be the age, and insurance can be a big issue.

Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment:   - Took 4 months longer than expected   - Cost $10K more to build than we anticipated   - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!! 

Then I started to contact brokers that bought and sold Apartments complexes and proceeded to 1031 exchange all my Condos for Apartment complexes and told my story on BP Podcast 238 in 2017.