I have a very unofficial survey to conduct! For those of you buying CRE right now, I'm very curious to hear the following: 1. Your property type. E.g. multi tenant industrial. 2. The lending terms you're seeing. E.g. ...
Good evening, I own a commercial property in NYC and recently sent a cancelation request to my insurance broker since I found a more affordable agent/plan.He replied by asking me to sign a termination notice (understa...
I went with the realtor to view the two houses I posted about in another thread.
Both houses have a half finished garage conversion which should probably be converted back to a garage, also one of the houses has a me...
From rising interest rates to rising insurance costs it seems like hits to multifamily operations just won’t stop. Several years ago I said that certain natural disaster areas could potentially become uninsurable. Wel...
I just received an insurance renewal email for a property I own that I purchased for $84,000 in Memphis, TN. The email states that water/sewer back up coverage was previously included, but now is available for an add...
I own a single family ranch house in Massachusetts, just north of Boston. We had a fire/landlord policy with Norfolk and Dedham insurance, however after my last tenant and last property manager allowed my property to ...
I bought my first property in 2007 when I was 25 (and inexperienced). I bought on a whim as a long term rental (i overpaid majorly). The market crashed soon after. I had the property for 7 years and I had to evict...
Hey all, I have a SFR in Michigan that we are rehabbing currently, this will be rented out when finished. When I got my quote through State Farm they said they would insure it but only if we had, at least, a lease sig...
Hello everyone,I'm in the market for a small multi family investment property (most likely a duplex, no larger than 4 units) and need some insurance help. Quite frankly, I have no clue about how insurance covering a p...
I got this email from my provider, thoughts on why they called it quits?We will not renew this policy when it expires. Your insurance will cease on the expiration dateand time shown above.Non-Renewal reason: We will n...