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Multi-Family and Apartment Investing

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Travis Thornton
  • Baton Rouge, LA
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Help!! Type and cost of 4-plex insurance

Travis Thornton
  • Baton Rouge, LA
Posted Jul 17 2013, 13:55

I need help,

My brother is investing in a 4-plex where he will be an owner-occupant. I keep getting different answers as to what type we should get, and how much it will cost. He spoke with a salesman today, and was told that each unit has to be insured individually, and our payment will be $400/month. This can't be right, can it? If so, we're sunk. Help please!

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