Tina Christianson
How to ball-park insurance costs for MFRs in the Austin area?
Hi there,Excited to find this resource and learn from the community. Getting educated and crunching numbers with a goal of moving on an MFR in Austin in the next 6 months or so. I have good ball-park rules for just ...
Jonn Vidal
Non-Conforming Residential/Commercial "Replacement" Cost in eyes of Prop Insurance UW
Anyone get a straight answer from property insurers regarding insuring improved property comprised of solely legal non-conforming buildings?Some insurance companies have told me they don't insure LNC buildings cause '...
Lynn McGeein
Anyone else noticing large rise in real estate taxes & insurance costs?
Just checking my yearly expenses as they are higher than I estimated. Turns out real estate taxes for one property are 16%!!! higher than just last year, several others up over 7% from last year, largest yearly incre...
Argi Avetisyan
Flood insurance cost very high - Flood Zone AE - quote is $3-3.5k
I have a rental property in flood zone. I am refinancing and the lender requires flood insurance. My insurance agent told me it would cost $3,000-3,500 per year to insure this through NFIP/FEMA. Are there any alternat...
Emily Reynolds
Hard Money Lender Monthly Payments
When using a Hard Money Lender I understand that there is a loan origination fee but what I am confused with is this: What are the monthly payments on a HML assuming that it is 15% interest on a $100K loan. What would...
Account Closed
Louisville, Kentucky Multi Family Insurance
Hello all,I currently have a 4-plex in Newburg under contract. This will be my first multi-family buy in Louisville, so I'm still refining some of my cost estimates. Does anyone have an idea of what I might expect to ...
Curt Smith
landlord insurance for double wides on their own land? Referals?
Hi Folks, I was happy with my current carrier, Affinity, for "manufactured" home landlord coverage. I was doing Actual Cash Value of $30k some times $40k and paying $25/mo or about $300/yr.I think they are jumpping ...
Tom Lacey
Estimated closing costs and what to enter into BP Calculator
Hi,I am working on a deal for a multi use property close to my home (3 1 bed/1bath apartments + 1 retail space), it is currently fully rented and would cash flow. I am using the BP rental property calculator to arriv...
Kevin Hassold
Owner Occupied Partnership
My partner and I are planning on purchasing a 4-plex together and he is planning on living in one of the units. How would we structure the partnership so that it is fair to all parties since we will only potentially h...
Robin Dade
Landlord insurance
I was wondering if anyone in the Summerville or Charleston South Carolina area could give me some info on average landlord insurance premiums for this area. The insurance company wants a specific address to be able to...