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Hi Guys, I need a little mentoring please..... I bought my first commercial property last year and the realtor helped me setup my property fees etc. Well, now it's 2019 and my insurance has gone up a little plus I a...
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How do I calculate my purchasing power for an owner occupied multifamily unit using an FHA loan? Is 75% of rental income subtracted from the PITI payment, or is it added onto my monthly income?
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My rentals are all 30-120 days, averaging 3 months, typically travelling nurses or other professionals. I've been doing mid-term rentals for 5 years now and always paid an expensive short term rental insurance policy ...
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Is Renters Insurance A Requirement For Your Tenants?
I do not have car, rental, or home owner insurance. I rent a property in another state. I'm trying to get landlord insurance and I can't find anyone that will insure my property. Anyone else run into this problem?
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Hi everyone, I'm new to multifamily investing and my realtor sent me a few fourplexes on separate lots in the Chicago suburbs. I'm thinking about buying 4-6 of these fourplexes. I'm debating if I should get one commer...
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I am currently under contract to purchase a single tenant, Advance Auto Parts building. The lease calls for the tenant to have property (and liability) insurance on the property in their name and list the landlord as ...
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My husband and I just had our offer accepted for our first STR. We currently have one LTR. As I am researching insurance for STR, is it better to go with Proper Insurance, who claim to be the only STR out there (I h...
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Hello All, I am in the process of buying a property in New Jersey and am shocked at the insurance rates I am receiving for landlord insurance. A duplex is quoting me around $2000 a year and that is with only $500k in...
Wondering if anyone has any recommendations for landlord insurance companies or agents in Ohio. I have a SFR between Dayton and Cincinnati that I bought I 2016. It has been insured on a larger commercial policy thro...