Hi everyone, I'm closing my first fourplex in Killeen and I was wondering if you guys have any recommendations on competitive insurance companies?

Based on the report, your loan is only $140,000 and at 15% you are paying $1,750/mo.Rental loan of $165,000 @ 6% amortized over 10 years - Monthly payments are $1,832 before taxes and insurance.

Sometimes a title company is willing to look into these things for free for you, but I certainly wouldn't purchase or do any quit claim deeds without getting title insurance.

USAA does not insure short-term rentals.

HOA, note, taxes, insurance.

Second, is that there are two types of labor prices; retail home owner and investor friendly.

However, many borrowers wind up diming themselves out accidentally by changing where the payments are coming from, changing the named insured, etc.

Of course many of these homeowners bought their homes years ago when prices were a fraction of the cost they are now and might have their homes paid off or a small mortgage .

However, he likely will have to pay Mortgage Insurance which can be substantial.

@Joseph Whitton it’ll be super great with hurricane season...be sure to carry good insurance on them.