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Landlord Insurance. If you’re planning on renting out your investment property to tenants on a regular basis, you’ll need to look into landlord insurance coverage.
With an exceptional legacy of 85 years of service in the industry, Michelle Afflalo and Ives Insurance Services continue to expand the scope of the investment property insurance sector.
The specific protections included under an investment insurance policy varies between providers, but most include coverage for general business liabilities and property damage. An investment ...
Unlike the 3% down payment on the house you are currently living in, you are going to require at least 20% down payment for buying your first investment property. This is because mortgage ...
Starting today, Obie’s property and casualty insurance is now available in all 50 states. Additionally, Obie disclosed that it has raised $10.7 million in Series A funding to fuel rapid growth.
A hands-on landlord needs a broad array of knowledge, from basic tenant law to how to fix a leaky faucet. If you can't do it all yourself, consider paying for the services of a property manager or ...
However, since private mortgage insurance isn’t available on investment properties, expect lenders to err on the side of caution and allow LTVs of no more than 80%. That would mean a down ...
According to 2018 data from the National Association of Realtors, the average annual operating and capital expenses per rental unit was projected to be $830 in 2020 which includes costs like real ...
Insurance on NC beach rentals is going up again, potentially by a lot. Here's why. Insurance companies want to hike rates for rental and investment properties by nearly 50% statewide, but a lot ...
An investment property can be a long-term endeavor or a short-term investment. With the latter, investors will often engage in flipping , where real estate is bought, remodeled or renovated, and ...
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