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Hi everyone,
I'm pretty new here. Recently bought two properties (single and a duplex) in Detroit MI. Looking to insure them (under my llc). I got a quote for $550/m for both. Seems high. It is up to $1m for each pr...
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Hello, I finally found the property I wanted for my first STR. I found a lender who said we needed to put it in a LLC. so I made one of those and everything was going smoothly until I went for insurance quotes. Due ...
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Anyone know the estimate cost for a sf around cleveland height insurance? Trying to figure out if number make sense or not. Thanks. About 1.5K sqf 3b1.5 b
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Hi BP community,I am shopping for insurance on an investment property (duplex) located in Lakewood, CO. I know insurance varies by coverage amount, exact location, property condition and several other factors but I wo...
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I have a good idea how to estimate how much my home insurance will cost when buying a SFR - $100k usually around $1500/year, but in seeking our 1st apartment complex, are there any recommendations? I.E., $500k 10 unit...
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Hi all,How do you 'ballpark' evaluate your insurance costs on multifamily to determine if you are getting a decent market price? Is it simply looking at the ratio of insured value-to-annual premium? Is there any sq ft...
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I just bought a fourplex as an investment property for $300K and am looking to get RCV insurance on it. I got very different quotes from State Farm and American Fam
Statefarm came up with a replacement cost of $525K ...
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Hello BiggerPockets community,
As a first-time homeowner in Florida, I've encountered some unique challenges, including the need to pay for an insurance policy upfront for a year in escrow due to the home's initial c...
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I want to buy an STR in southwest Florida. My wife is very concerned about the insurance costs and the hurricanes which drive them up. I'm trying to find a way to search only for properties that have maximal hurricane...