David Toupin
Insurance: Is General Liability enough should we opt for more?
Getting quotes on the apartment buildings we have under contract right now. The General Liability quotes are ranging from $15-18k and one at $25k. With full coverage for flood, fire, quake, etc we are looking at abo...
Mackal Smith
First 8 unit and Insurance is really hurting cash flow
Hey all,Up to now I have only bought 2,3, and 4 unit buildings. I have 15 units total and have had a lot of success so far. I just got my offer accepted on my first 8 unit apartment building. I ran my numbers includin...
Travis Good
Is a title search necessary if I have title insurance
Is it still necessary to do a title search if you are going to have title insurance? Looking for some info on title insurance, Is there things it does not cover?
Robert Leonard
Do You Have Private Market Flood Insurance in Baton Rouge?
I have private market flood insurance on one of my properties, but it did not flood in what many are referring to as "The Great Flood of 2016." I switched from a FEMA policy because the rate was nearly 50% less than ...
Ronny Soto
New member from NY. I have commercial/residential insurance exp
Hello. I hope everyone is doing well today. I am a new member to the BP site. I have professional experience in insurance claims dealing with commercial and residential properties. This includes experience interpretin...
Kranti K.
Do you check Insurance claims as part of due diligence?
Is there a place to check insurance claims made on a property? Do you check the past claims as part of your due diligence? Will the past claims effect your future insurance costs after the purchase?
Matthew Allen
Seller's Insurance Claim Check Delayed and have to pay roofer
I am closing on a house next week. The seller and I agreed they would file a claim on the roof due to hail damage, and I would cover any out of pocket costs like deductibles, overage, etc. I arranged the roofer, the s...
BENJAMIN KELLY
Part Time Real Estate Investor and Full Time Insurance Agent
Born and raised in NE Ohio, i have owned my own insurance agency for the past 10 years. After seeing what my customers were doing with rentals, rehabs, and property management, I thought I would give a try. I enjoy ...
ROY NAGAL
How is title insurance handled in Subject-To mortgage deals?
Roy Nagal of Vallejo, CA 94591. 12-29-16.A motivated seller agrees to do a Subject-To existing loans with me. My exit strategy is to find & install a Rent-To-Own Tenant/Buyer in a Lease With Option To Buy scenario...
Elliott D.
Large insurance claims and your lenders involvement in your case
I need help understanding this idea that your lender will help you collect on insurance claims if you have a high outstanding loan balance.In this scenario, if you have a high loan balance on a property, and your prop...