Hi All,I am looking to change my insurance policy and an insurance broker that I am working with has brought me a surplus line insurance policy. I am not very familiar with this kind of insurance and wanted to see wha...
Hello,I'm quite new to this, so I would appreciate your help. Long story short, my father passed away and I inherited some apartments he left me in Miami (Brickell area). I currently live in PA so I am not in the stat...
I bought a distressed side by side duplex. Upon closing , I emailed my insurance broker to get an insurance binder on the property, like usual. She called me to get particulars, and said once I'm done with the renovat...
Hi BP familyI'm getting ready to close on my first income property with Wells Fargo. Closing cost are $2792. Wells Fargo is also adding another $3709 in "other closing" cost for a total of $6501. The other cost inc...
We recently moved from Sugar Land, Texas to northern Virginia.
I'm hanging on to our home and it has been leased.
It turns out that dwelling/fire insurance is hard to find and extremely expensive in our...
This question is for those who operate or have an understanding of residential assisted living facility, residential care homes, RALF, RCH, etc., as a business specifically, not the underlying real estate. 1. What typ...
I own one SFR just north of Orlando. In Volusia county and a second in Seminole County.the Volusia insurance doubled rom last year from $950 to $1900. And back in 2017 it was only $440. The house in Seminole went fro...
I will be soon closing on a Condo in Florida. I am a local but First time buyer of rental property. I appreciate your thoughts/comments on the following items:- I believe that a separate account needs to be setup for ...
Hey guys, I was just wondering what types of insurance policies are typically used when flipping houses. Thanks.
Whats the best way to calculate approx. cost of insurance for larger multifamily property when running numbers on a deal?