I have both 4-plex (2 bedrooms per unit) valued at around $200k and 6-plex (1 bedroom per unit) valued at around $220k properties near McAllen TX and the insurance premium has been sky rocketing the past several years...
Hello BP,Im seeking recent information about buying a rental property in a Flood Zone AE.After research, It appears that FEMA has control over premiums for flood insurance and was set out to increase premiums over the...
I have a quick question as to how to allocate my umbrella insurance premium to my REI expenses. As the insurance also covers my non-rental assets, do I need to split the cost of the premium for book keeping purpo...
We just put our first rental property up on the market a week ago and are working on screening applicants. A relocation specialist reached out to see if we would be willing to house their client who were recently vict...
I've been having some issues with some of the insurance quotes I've gotten on my properties lately. One one unit (a SFH), I have a fairly low deductible ($1000) but the monthly premium has gone up 20% in 2 years and n...
It's been a volatile year for real estate professionals, investors and owners alike. Most of us are familiar with the main headlines of rising mortgage interest rates, and industry upheaval, but lesser known investmen...
Does anyone have a recommendation for TX rental property insurance? I never make claims, yet every year, it seems like the premiums go up 6-8%. All recommendations are helpful! I'm not looking for anything fancy - ...
Struggling with the idea of protecting first current assets with TERM/WHOLE life insurance vs first generating passive income through real-estate. What is the advice first generate as much passive income you can gener...
Hello everyone,We have a small rental (2 beds, 1 bath 1000 sqft craftman bugalow) in downtown Olympia, WA. My insurance will be renewed Nov 1, 2023. Safeco is the current insurance company and they gave us a new renew...
Help! I know property insurance has gone up in certain locations such as Florida. But, our property Insurance has gone up across the board, across multiple states and in multiple asset classes including single tenant ...