I finally understand how insurance works in the multifamily world. I learned this from an insurance broker I talked to yesterday. There are three kinds of apartment insurance coverage: Tier 1, Tier 2, and Tier 3.

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If I'm getting ready to move out and rent my property to tenants. How do you advice I proceed with changing from Homeowners insurance to Rental Insurance? Does my mortgage company need to get involved as well? Thanks

I just got my first rental condo for $310K. For this, I am being quoted $250/year for umbrella insurance which covers $1M/$2M per occurrence/aggregate. From what I gather from this forum, getting an umbrella insurance...

Hello,I am a software engineer who works remotely and lives in Jersey City. I am planning to invest in a house hack using the FHA loan. I have close to 50k to invest by Feb 2024, that is when my current lease ends and...

Hello All,
I would love to learn more  information in regards to  multifamily apartment investing. I would be interested in starting my portfolio with Class C apartments, with about 6-8 units to start. I am intereste...

I just finished a new build. Its a Triplex consisting of (3) 2 bed 2 bath identical units, with an attached 2 car garage I plan to keep for personal use. We just put the 3 units up for rent and I have been approached ...

Hi Folks,
I am looking at resort condos. These are owner deeded properties. You own them, not time share. Here are the specific financials.
proposed sale price : $400K
Net operating income
after association dues, ...

My wife and I are in the process of closing on a vacation home in the Davenport area. We plan to rent it out, as an STR, while we are not there. This will be our first vacation and STR home. We need to determine the r...

Hello fellow investors, I need some advice.  This is for a property someone else will be managing for me.   I am getting ready to close on a four Plex in the next month and I’m having a hard time deciding on how much ...

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