Hello fellow agents,Please provide some feedback and assistance.  I have a seller that purchased their home from their parents three years ago.  They are getting ready to sell and want to use the appraised value from ...

I own a 12 unit apartment complex in Venice, Florida on the Gulf Coast. The property was purchased for about $500k and is probably worth about $700k at this point which is mostly the land value. Essentially, the land ...

We just closed last week. There was a section in the mortgage that states that the owner will have a policy that covers the "full insurable value" and a lot of other legal jargon.  The gist of the paragraph is that h...

I am in the process of cash-out refinance of a property and the lending company is requiring 100% replacement cost. Is that normal for an income property? I had an insurance agent recommend 100% of the value and maybe...

I currently use Geico (Travelers) for my own home but for a rental is there any discount insurance companies that work with real estate investors? This is my first rental. Thanks.

I just bought a duplex for $97k that I'm living in. The mortgage company's appraisal was for $116k with a replacement cost of $177k, which seems about right. I had to pre-pay for 12 months of coverage, but I got a f...

How much total coverage should I be buying on my rentals?  These are SFRs - the insurance company seems to offer, as a default suggestion, the amount of the mortgage, not the total purchase price of the property.  I'm...

I'm in the process of buying my first house, which is a $42k SFH that is in great condition.I called USAA and they quoted me a $140k rebuild cost, which I thought was extreme.Their rates were $910 for 1k deductible an...

Hello BP team!Having a tough time finding a company to cover a multifamily property that I intend to owner occ in Jersey City. And when I do, the premiums are insane. Anyone have any homeowner insurance contacts local...

Hi all,I'm looking for answers to a couple questions and any overall advice people have to share as we try to navigate through the nightmare of recovering from a fire.  Some quick background.  Our project started with...