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I got a tri-plex in San Antonio that has the replacement cost set at 260k. Last year I payed 1600 for the insurance with 1% deductible plus water backup. This year they want to jack it up to 2000, so I contacted them ...
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Hey BP Folks,We just closed on our second property in Houston and I am currently shopping for a cheaper insurance option. I was told by my broker that most carriers have moved out of Houston area. I am wondering how ...
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I have some issue with a property that I hope one of you guys can answer. So long story short, I closed a property in dec, 18, 2018 with a closing attorney, and with the closing statement, I have a title insurance bin...
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I recently read a local business journal article that predicted insurance was going to go up by approximately 20%. The main reason was under insured properties due to property values continuing to climb along with an ...
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I'm interesting in Infinite Banking and poking around at a few different outfits. Anyone have experience with WWWS?
Thanks
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Hello BP community,when obtaining insurance for your new investment property, what balance between the deductible and total premium do you look for?Does it matter to you if the deductible is as small as possible and t...
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I'm curious if other rental owners do or do not pay for hurricane coverage on their insurance policy? I have a house I just bought in Florida that I had quoted for insurance today. To add hurricane insurance would lit...
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Insurance seems to be very high in the Smoky Mountains region since the fires of 2016. I can keep the premium affordable if I opt for a $10,000 Deductible. My question is, how often people make insurance claims? Have ...
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I have a property that I put around $15,000 into. I had to evict some tenants, and they stole the bathroom sink, outside awning, destroyed some of the walls and carpets and stole the furnace and hot water heater. It n...
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I believe PMI is no longer tax deductible in schedule A, but is it still a tax reducing business expense for rental properties?I found this article on the IRS website but this cannot be true.https://www.irs.gov/faqs/s...