Shawn S.
Insurance rates in the Kansas City area or where you live
Greetings,
I was wondering what your typical insurance premiums were for the area you live in? In KC I'm looking at 1 percent of the purchase price. I read today the percent should be closer to .5 percent. ...
Justin C.
What is your simple go to insurance strategy while flipping houses?
Thanks in advance!
Jon Quigley
I'm having trouble getting insurance on SFH before having a tenant
Hello. I'm in the midst of closing my first deal and have hit a catch 22 issue. Since this is a buy & hold I'm using traditional financing. The bank requires the property to be insured. However the insurance ...
Fred S.
New Umbrella and Liability Insurance for 7 "1-3 unit" properties
Hi we have a portfolio of 4 Single Fam Houses, 2 Duplexes & 1 Triplex (7 total properties) in the Los Angeles area. The single family houses have FMVs from 250K to 750K; duplexes between 300K-380K, and triplex of...
Kasey Ryan
50 % Rule Question In Relation to FHA Monthly Mortgage Insurance Premiums
Hello there Bigger Pockets Community,Kasey Ryan here, new investor, new to real estate, new to BP.I have been doing quite a bit or research and have stumbled across one particular question that I cannot seem to find a...
Chris Sanders
Private Money Lenders asking me to pay for Loan Protection Insurance.
Is that normal?
Kenton C.
No LLC, cant get umbrella - 500k vs 1MM insurance on Dp3
Hi All,I am closing on my first investment SFR in Philly in 1.5 months, and have decided not to operate with an LLC for this first property. The property is worth 71,500$. Companies wont write me an umbrella policy be...
Munim Jalil
Looking for advice on how to structure insurance to protect asset
Hi BP,We currently have 3-multi family investment properties in NYC. Each properties currently has their own homeowners policy + a umbrella policy with a $5M liability coverage. Based on my research, when your propert...
Munim Jalil
Looking for advice on how to structure insurance to protect asset
Hi BP,
We currently have 3-multi family investment properties in NYC. Each property currently has their own homeowner’s policy + a umbrella policy with a $5M liability coverage. Based on my research, when your proper...
Steven Laurino
Cost of basic Homeowners Insurance on a 4-plex upstate NY?
Curious what people are paying for Homeowners Insurance for small multi families in upstate NY, I'm invested in the Rochester area. I've received a few quotes that seem extremely high. Also curious what type of insura...