Jose Quinones
High insurance for mixed use prop
What are most paying for mixed use property insurance nowadays?
I have a mixed us prop; 4 residential; 1 commercial space. In 2022 insurance was 5500, 2023…6500…2024……they’re quorting me $8700….wtf???? Can anyone rec...
Elly Rudolph
Is it OK if LLC (Beneficiary) of Land trust not on insurance policy?
Hello,I have rentals in Indianapolis, IN. A Land Trust owns the properties. The beneficiary is foreign LLC of Master LLC. I am the trustee. The insurance I have does not allow me to add LLC as additional insured. ...
Nick Johnson
Apartment Insurance - Recommendations
State Farm is dropping our apartment insurance policy for two 5-unit apartment buildings I am managing. (They are no longer taking the high risk of insuring rental properties in CA). Any recommendations?
Jason Merchey
Beachfront?
What is your opinion about putting 25% down on a 2nd row or beachfront house and paying it off over 30 years? The ability to get a 4.0% fixed rate mortgage is attractive, and if I could get the right on at the right ...
Petronella Kerssens
Looking for an investor friendly agent in Columbia SC
Good afternoon, After looking in Florida, we are expanding our search for an investment property in the Columbia, SC area. Due to insurance costs and high property taxes, we were unsuccessful in finding something that...
Michael Faudoa
How do I find the cost of monthly insurance on a property?
Hello, I have a simple question- How do I find out how much insurance is going to cost me on a rental property?
Rolando Garcia
Should I insure my rental for its rebuild cost or market value?
Hi all, Should I insure my rental for its rebuild cost or market value? This is if the property is completely destroyed by tornado or fire. Any recommendations? Currently I am buying a SFR for 81K, appraised at 90K
Karen Johnson
Do I need to issue a 1099 when insurance covers the cost.
Hello,
I had to perform some repairs to my roof and ceiling due to ice damming. Am I required to issue a 1099 to the contractor if the cost is covered by insurance? To be clear, insurance cut me the check and...
Julie Verardi
What does insurance and Water/sewer cost for 3 unit in BK?
Hi, I currently have two properties in the Jersey City area. I'm in the process of doing a refinance on one to move on to my next investment property. I was debating on doing the Bed Stuy or Bushwick area of Brooklyn....
Shane Lyon
Rental insurance in IL is costing $154 a month...is that high?
Hello BP's! I just took the plunge into a rental property. It is a single family, and insurance is $154 a month. Can anyone tell if me that is acceptable? High or Low? With that, house payment and taxes I am at $8...