I am thinking of hiring a property manager company again. But all the contracts I have seem to make them free of liability for any mistakes of their handymen, managers, ect. This is of concern for me because I have se...
HiI own several multi family buildings in Central / North Florida and for example on an older duplex I pay $700 a year for insurance, which I feel is a good deal. I am under contract for a 6 plex (built in the 1920's...
Hello all, Closing on a multifamily(2 family duplex) at the end of this month and I have been getting some pretty high quotes on homeowner's insurance. The property is 2,240 sq ft, fueled by natural gas, has new plumb...
For budgeting/pro forma purposes:As the buyer what should I expect to pay in closing costs in Columbus/Central, OH? General dollar amountsPercentages of XOtherThanks, Chris
Have you heard of this? If you are married and the insurance and property is in your spouse's name. The spouse passes away, is the property still protected? I was told that once the spouse passes, the coverage is neg...
Seariously thinking about buying my first duplex. It's two apartments upstairs and four separate garages on the first floor.If I rent out the garages for storage what type of insurance is available for me? Or is insur...
I cant find this exactly on the IRS pages, but I have read on some sites that I may have to claim the insurance payment, as rental income, and then the entire cost of the repairs add to normal repair on schedule E. Is...
I'm interested in potentially purchasing a property at a sheriff sale- I'm trying to take care of due diligence and get an abbreviated title report (the full report is $500, but evidently a 'lot book' report, which in...
Currently, I required them to have $100,000 in liability insurance. Would love to know what limits other LL are requiring. Property is located in Broward County, FL.
Hey BP,
I was wondering if you could recommend insurance companies you have used to insure your SFR and MFR's?
Thank you,
Ryan B.