I recently purchased a 5 unit apartment bldg. I plan on keeping it indefinitely . Cost to put it into a LLC would be approx. $4k because of transfer tax & LLC fee. Liability is my main concern! Should I just incre...
I recently read a local business journal article that predicted insurance was going to go up by approximately 20%. The main reason was under insured properties due to property values continuing to climb along with an ...
I want to start flipping houses but I’m curious about what I should in for insurance. Since I’ll only be owning these properties for a short time should I even get insurance? And if so what type and what does it go f...
I recently sold a fully paid off property to someone (owner finance) three months ago. The insurance company he had is requiring him to make a simple roof fix that he has not done. I've tried countless times to help h...
I'm hoping that someone may be able to help with recommendations of Insurance providers that will write a policy for a 23,000 sqft warehouse type space. I've received 1 quote and it seems very high.
Anybody have any advice on insurance options for rental properties. I just purchased two side by side single family homes and now am attempting to figure out what kind of insurance coverage I need. I assume everyone...
I have received a non-renewal notification from my insurance provider due to a high loss ratio. During 2019, I had a water heater burst in the property causing water damage in which I filed a claim. Shortly after whil...
I had a tenant ask if, for therapeutic reason, they could buy an inflatable hot tub like the one in the link below and put it in the backyard. As i understand it, insurance doesnt insure trampolines, pools, etc from ...
I'm working with a company that deals in a tax liens and is looking to get a policy for its pipeline of foreclosed properties. The main concern is getting a $2-4M blanket liability policy in place to cover properties...
I recent had a fire in old out of code commercial building (food establishment) the insurance adjuster estimates for the Replacement cost value on the building is about 40% less than what it will actually cost us to r...