Good afternoon!I am wondering if anybody has some insight on homeowners insurance that is not going to break the bank. I am moving into a 3 Unit Multifamily property that i am closing on relatively soon. I am shoppi...
I just received a renewal notice for insurance on one of our properties, a 22 unit MF in New Brunswick. The premium for the building portion of the policy has gone up by 50% over last year without increasing the valu...
2023’s insurance market is bad. Really bad. “As bad as I’ve ever seen,” says Insurance Office of America’s Robert J. Hamilton. He’s never seen home and multifamily insurance prices as high as today. But, he has good r...
http://www.usatoday.com/money/perfi/insurance/story/2012-05-21/dog-bite-liability/55120450/1
I am a newbie and am looking to invest about a 100K and I Spoke an investor/agent and he talked how I'd be able to stretch my money and buy more properties using an MIP purchase I'm just curious how it all works and w...
Our Insurance premiums on two of our properties are increasing this year. Both properties are SFH in Joliet Illinois. We carry $2,500 deductible with $1MM in liability coverage and full replacement value. We are curr...
Is it worth submitting a claim for 8k? will my premium jump next year? If so does anyone have an example of how their rates changed?
Im making this post to see if I can obtain more detail from all my BP experts on MIP when financing with a FHA loan. Ive read up on it a little and it seems FHA and 203k loans require this premium that requires you to...
Hello BPer's:Anyone else out there tired of the annual insurance premiums increasing year after year, even with no claims ever? My rates jumped 25% on all my properties in just 1 year all with no claims! I have Erie I...
Looking for a feedback from tax experts on the following scenario:A client is a self-employed (has an LLC taxed as S-corporation). Pays himself reasonable salary of 35% of the business's net profit. Pays health insura...