Michael S.
Cash value insurance on townhouse and HOA considerations
I have a general insurance question that relates to HOA's.Lets say I bought a townhouse for $60k, and the outstanding mortgage is $45k. Lets also assume that the cost to rebuild is $100k according to the insurance co...
Chris Stromdahl
Is Private Mortgage Insurance a cash flow killer?
Should I be preoccupied with avoiding deals where I risk having to pay PMI on the loan?
Sarah Msuya
Actual Cash Value v. Functional Replacement Cost Insurance?
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...
Senthil N.
Insurance: Replacement cost value vs Actual cash value
My home insurance will only offer Actual cash value and not Replacement cost value. I can perhaps shop around. Before I go down that path, wanted to get a feel for what other investors have on their coverage. My ques...
Sean Morrisey
Looking for Whole Life Insurance Cash for LOC
Wondering if anyone has had a good experience with lending against the cash value of a whole life insurance policy or a private lender that may offer this option? Most dividends pay out at 5-6% and I would be interes...
Alden Roseman
Roof insurance: Replacement Cost vs Actual Cash Value
Looking for some insight from people familiar with rental property insurance. I have 8 SFRs. All are insured with State Farm. My current policies have an actual cash value endorsement on the roof meaning that in th...
Jennie Carolan
Flood insurance cutting WAY into our cash flow...
My husband and I just recently bought a SFH in Saint Petersburg FL. The property is elevated and there is a big drain in the back. However, it is still in a flood zone and we were quoted at $4,000 for the YEAR in Floo...
Constance Chambers
Insurance & Tax increases have KILLED CASH FLOW
Yes the Title is a little Click baitey.. but i feel we are not seeing enough attention being given to this important realization in many markets. Honestly, this applies to primary mortgages and investment properties...
Andy N.
Apartment insurance question cash value or replacement cost?
This is to anyone who owns an apartment complex. How are you insuring your buildings? I have seen where they can be insured for agreed value, cash value, and replacement cost. I am curious how you all are doing it?
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Andrew R.
Do taxes and insurance kill your cash flow?
Hi, I am comparing single family home rentals in a few cities (Houston, Kansas City, maybe Memphis) for my first rental house. Researching revenue and costs for pro-forma sheets....finding property tax and insurance ...