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I'm working on my first flip property and currently shopping for insurance right now while waiting for the inspection. I talked to one local agent so far and the quote was a little over $900 for a 6-month builders ins...
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Will insurance be (materially) higher for one of the main foundation types in North Texas: slab vs. pier & beam?
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I have a signed purchase agreement for this fourplex for $328,000 in Minneapolis. Its a 2 story building with 2 units on each floor and an unfinished basement. Total 2500 sq feet above ground. There is gas based cent...
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Hi all. I've got a duplex in East TN under contract. It's the second duplex I've offered on in the last month (last one didn't make it to contract). The two deals are similar in price & rent generation (rent is...
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I'm in closing with a duplex that will be owner occupied. Was expecting the insurance premium to be much lower (mortgage broker was estimating $1.2k in paperwork). Just received some quotes and the yearly premium is...
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Multi family triple rental, 1920 built, Indiana, roof less than 10 years, with finished basement, vinyl siding. Looking for monthly cost <$100
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Hello everyone,
I am under contract on my first long term buy and hold rental. It is a 4BD/1.5BR SFH in Auburn Maine. I am paying $113,000 and will be replacing the roof on it this spring. Everything is currently fu...
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Hey BP:
I am about ready to close in the next week on another property in Indiana. It is an all-cash purchase. However, I have a partner who is willing to cover the rehab costs of 40K. I have the promissory note w...
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Any of you investors in Long Beach CA knows what’s a reasonable cost for flood insurance in Belmont shore area? Any insurance agents here can contact me to give me a quote? About to close a single family home propert...
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I own some units in a condominium that includes both apartments in a mid-rise tower and 3 story townhouses. Assuming an equal number of apartments and townhouses, would an insurance company typically charge more fo...