Hey everyone, I just got a new quot for my homeowner's insurance on the triplex I own and in live in.I noticed the premium jumped from $1480 to $1743, is this typical.

Some locations may have a shortage of 2 bedroom units and as such Section 8 will pay a "premium" due to the the lack of supply.3) The agency through which you will be approved for Section 8 will have very clear criteria for a property to be approved for section 8.

First of all, why do think someone would pay you a premium for your contract?

Most would argue you're paying a premium to buy a turnkey property.

Insurance is lower and we get 20% premium on rents this way. 

You will pay a premium in time or money either way you look at it.

Does this person have back up for this 40 k NOI, From a PM standpoint, if I were a PM and you were asking me to manage a property (this property) that was like a war zone, I would be charging you a premium to manage these property's ,if you can find someone at all.    

you have to be careful of camden county for first rental most of the towns have high taxes and a seperate county tax if you want a collingswood area its gonna come at a premium. lots of good 'class b' areas nearby. haddon heights, barrington, haddon township, but again all in camden county. how much are you looking to spend, how much work you going to put in, etc?

This is beneficial say if a mom and pop tenant is given premium space in a retail center but later on a national tenant comes knocking and will only go in if they get that space.

I personally would pay a premium monthly to own rather than rent.