How much does landlord insurance generally cost? I read in “hold: buy and hold investing” by Linda mckissack that generally insurance is 0.5% of fair market value. I called Geico and progressive and they both are qu...
Hello everyone! I am just starting my education as a Real Estate Investor. I just did my first property analysis :-) The majority of the information asked was quite easy to find, but the insurance costs.
I would lov...
Whats the best way to calculate approx. cost of insurance for larger multifamily property when running numbers on a deal?
If I buy a duplex does the insurance double because it’s 2 tenants or do insurance companies treat it as one building? I’m trying to estimate what a duplex will cost me
Hi everyone, wanted to see what your experience has been with home insurance costs. I own a 2-unit primary residence in Lakeview and premiums have doubled in 1 year from ~3200 to ~6500. I have 0 claims - this is stric...
Hello, We are looking to buy our second investment property in Missouri. Our first property was a 4-plex, and it was purchased through a conventional loan. Towards the final steps of the process, the lender indicated ...
I'm curious how you all estimate insurance costs when quickly analyzing and evaluating a deal to see if it's worth pursuing further. Obviously the principle and interest will be determined by your lender and taxes c...
Hi, I'm a college student who is trying to develop a very detailed and comprehensive financial model to analyze buy and hold rental real estate investments in about a year when I have my first job. I know I need to i...
I'm running the deal analyzer to figure out insurance costs. I've not been able to figure it out. Any suggestions to the formula is much appreciated!
When doing property analysis, is there a “rule of thumb” number for avg insurance cost per Sq Ft of house? Your insurance costs are part of the holding costs and short of calling my insurance agent on each property is...