So 1.5% would seem high but as indicated there are many variables that go into determining the insurance costs.10 years ago I had a property that had insurance cost of ~1% of value (on the ocean in Gulf Shores, Alabama). 

Variable rates on HELOCS and other items are rapidly going up.

Hey Account Closed, there are a lot of variables but one question, are you staying all booked up on AirBNB?

I am not afraid of the risk I take on however I am cautious because my parents would be involved although they are supportive.If there are any experienced investors willing to put in feedback for the scenario or just advice in general to a 27 yr old that has been reading and studying investments/RE investments and preparing to dip my feet in the water, it would be much appreciated.Thank you Hi Charles,It's difficult to provide you with an opinion on the best course of action between using your parent's Heloc vs selling your ETFs as we don't know all the variables (what is the Heloc interest rate, what kind of profit you will turn by selling your ETFs and the tax implication etc).

Definitely a lot of variables when it comes to purchasing a auction home, hoping for the best.  

My insurance company hit me with a whopper and i wanted to see if this was standard across the board or atleast california. perhaps there may be a work around the issue. my agent has told me that if i LLC'd my properties that the rates would double seeing as how if properties are owned by LLC's that i would have to go under a commercial policy. im thinking it would not be worth doing now. im just not feeling the double your yearly policy premiums. this has made me wonder if there were a worse case scenario what would the typical payout be but that would have too many variables to answer. ie how much i own, severity of accident... what are the typical payouts you all have seen or rather a prosecution be awarded?

Add to that the variability of kids, pets, family members and spouses who you are “investing” in pretty intensely depending on where they are in their development (which I personally think is sooo worth it...flute lessons for my 5th grader??

It's just simply contacting them and writing a check, but that check ain't cheap depending on a multitude of variables.

It get's a bit more intricate when speaking internationally because of variables such as currency conversions that lend a factoring, it get's a bit down a rabbit hole let's say but point is the U.S. isn't the only one going through massive shift of things, everyone is in variations but in end it all equates the same thing, one's currency income per labor/work hr purchasing less. 

I know that can be very variable depending on things such as location, size and management.