Chien-Jung Huang
Is it reasonable that I can only cover mtg, ppty insurance
I recently bought my 2nd ppty but the market rent can only cover the mtg and ppty tax. Is that reasonable? How can I turn it into a positive cash flow ppty?
Aaron Smith
I Need to Get Umbrella Insurance for my Portfolio-Advise Please
Hi, I am getting ready to be up for renewal of my general umbrella policy that I have in place across all of my rental properties. My local insurance broker I have used for this umbrella does not have options to alo...
Andy Prince
How do taxes and insurance work in a seller finance deal?
I have a motivated seller for a great multifamily property, I could use some advice from someone experienced on how to set up payment for the taxes and insurance! Thanks!
Erik Andersen
How to insure a house where you rent by the bedroom
Hello everyone! I have a 102 year old house with 7 seven bedrooms and a 3 car garage under contract that I plan on living in, and renting the extra bedrooms. Everyone will share the common areas and the 3.5 bathrooms....
Jose Corbera
1st Property - What type of insurance do you see being used?
Hi All,I am in the process of purchasing my first investment home. As far as insurance, what do you normally see? I have the option of higher liability and some personal coverage for a higher fee and a stripped down q...
Michael Elder
Brokers in space coast/Orlando area to help w/ STR insurance
I’ve gotten a couple quotes that weren’t great for short term rental insurance on my home in Cocoa, FL.
I’m hoping a broker in the area might be more helpful. Anyone that would like to connect in the area as well, fe...
Colby Zeller
MIP or Mortgage Insurance Premium included with FHA and 203k Loan
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...
Reva Gaster
Are older 1950s homes worth it even with the high insurance
I am looking at an older home to invest in to essentially turn into a MTR. I am just nervous about the home insurance as I have been hearing the home insurance on older Florida homes are between 3k-7k a year, specific...
Zach Schwarzmiller
What should I be looking for in a Multifamily Insurance Policy?
Question for anyone and everyone:
I am buying a triplex to owner-occupy and not sure what I should be looking for in a multifamily insurance policy. I now have three quotes which are all different. I really don't kno...
Ting Lai
Insurance lapse, leading to up to $10K out of pocket repairs?
Some unexpected situation occurred this week in one of my rental properties in Tucson, AZ.I was about to file a claim for the house restoration (leaking / flooding issues) only to discover I had a lapse on my home own...