Hey everyone. I'm lining up hazard insurance for my first rental and I wanted to put some details up and get some opinions on if I missed anything.
Rental Details:
SFH - Purchase Price $49,900
3BR - 2 Levels - $1358...
Hi y'all, we are buying a 4 unit investment in Chicago for 430k, conventional loan with 30% down. I just got quoted minimum coverage from state farm for a $900,000, is this common?. Monthly payment is $450, more than ...
Who do you guys use for insurance for rental properties? I have reached out to state farm and they gave me a really good price but I am now worried I am not being protected š¤£ I had an insurance broker but having a har...
Anyone invested in Naples, FL?Ā
I like this area and thinking of gettin a second/vacation home that I could also Airbnb while I'm not there.
My only concerns are: I know this is an area with a high average rate of d...
Hi BP My name is Gerald Iām a new investor can anyone tell me what are some good āstandardsā for insurance coverage for a small Multifamily fourplex. I was just trying to get a quote and was not sure what coverages we...
Hello,I was hoping to get your opinions on what kind of insurance coverage I should be looking for when dealing with rental properties.Ā Also, if anyone has any insurance companies they would reccomend.Ā Thanks!
Is there a specific type of insurance that may be better for a MHP that is tenant owned as opposed to park owned? Just wanting to make sure I am covering all my bases.Ā
What's up BP!My business partner and I are working on our first retail flip! We bought the property for $65K, it needs about $120K worth of work, and we hope to sell it for $240K.My questions today:1) What sort of ins...
Hi all! I wasn't sure where to post this question. For car insurance, my agent is telling me that I need a certain level of coverage. According to the agent my main concern shouldn't be the car but rather the damage t...
As it relates to landlord insurance, I've heard there are policies that can include "rent protection" to cover the property owner.Ā Not only covering the rental income in cases where the dwelling is uninhabitable but ...