How do you estimate insurance costs when your analyze a potential rental deal? I am beginning to analyze deals daily (and in different markets around the country) and I'm not sure how to come up with a good estimate ...
Hi all,I'm in the process of buying a triplex in the Hudson Valley and insurance quotes are coming in between $2000-$2500/yr (current owner pays $2400). This seems crazy high to me, as I insure my Portland, OR duplex ...
Is there a rule-of-thumb percentage I can use to calculate the insurance premium on a duplex based on purchase price?For what it's worth, I'll be buying in Los Angeles, and redfin.com estimates regular homeowner's ins...
Hi Bigger Pockets,I have quite a few rental properties in Orange County, CA. They all have loans on them. I am replacing a couple roofs in Orange County, CA and my cost is $16K to $22K. My roofers here will tell me th...
Hello there,I am thinking of buying my first rental in Florida (either Orlando or Tampa), however I was warned by a friend who bought a few months ago and had to spend 3000$ on landlord insurance. He said that there a...
Currently my insurance cost for each house is around $800 year, called around today but couldn't find anything cheaper Any top tips for reducing the cost of insurance I currently have 3 SFH in Michigan
My wife and are interested in investing in a duplex. What kind of insurance would we need and how much should we expect to pay. We've been watching several in the $30,000 to $50,000 range.
In negotiations on a 60-unit. Budgeting $15,000 for insurance; I've been budgeting $250/unit/year when I do pro-formas on buildings of this size. However, I wonder how that compares to actuals that some of you owners ...
I feel like insurance on my business/rentals is a complete scam. I feel rushed each year (partly my fault) to renew for an entire year, and then I feel like I have completely overpaid. Our business model is such that ...
I'm sure the cost of STR insurance (Commercial Homeowners etc) varies due to many factors, but I am looking for an avg cost just for deal analysis purposes. For those with experience analyzing STR's what is a good av...