When doing initial analysis of a property to see if it's a good deal is there a rule of thumb for insurance costs? Thanks in advance.Sean
I'm running through deals with the Rental Calculator and it recommends talking to an insurance agent. I get that I would need to do that if the numbers are close enough on a deal to get serious about it, but are there...
I purchased a 3 family for 77k. After repairs it will be worth around $150k resale value (TOPS). The insurance company refuses to insure me below a rebuild cost of $880k. I know this 3 family isn't worth anywhere near...
Hi All,I own 4 SFHs each purchased in the last 7 months for approximately $85-$95K in the Wichita Falls market. Problem is, the insurance is a killer! Each property is running me around $1400-$1900 per year in premi...
Hi,
I've got a mortgage app in for a rental property. One of the conditions of the mortgage (which were given to me after applying) is that I need to purchase replacement cost coverage rather than cash value coverag...
Looking for feedback please.
I have called several insurance agents about premiums for a 2005 MH (2 br 2 ba 1000 sq ft) on its own land that I am considering to buy and rent. I'm being quoted in the low thousands!!
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Being a newer investor, the last thing I have dug into is title/escrow costs. I just checked closing costs for lender title insurance for a SFH during purchase and refinance. The property value is 600K in Austin. Dur...
I know that Farm Bureau used to offer the best rates on rentals years ago. I am not sure if that is still the case, but I have a quote in process. Please recommend other companies.. Thanks!
Hi BP Gurus -I have a 100 year old 4plex property in arkansas, 3200sqft total. Electrical and plumbing have been updated over the years. B, B- type property class. I’ve struggled finding many options for insuring it d...
For estimation purposes, ball park, what does a landlord policy cost?$300k SFR$500K - $1M Liability, high deductible. no pool, no trampoline, tenant occupiedThanks