Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

64
Posts
3
Votes
Jeffrey Hayes
  • Investor
  • Tucson, AZ
3
Votes |
64
Posts

Insurance question for flips help!!

Jeffrey Hayes
  • Investor
  • Tucson, AZ
Posted

Hi everyone,   I now have my first flip under contract!  I'm really excited and if everything goes smoothly with the transaction then I should make a higher profit then I originally calculated and that would be wonderful. My question is what is the best/most cost effective way to insure vacant flip homes when they are on the market and also when they are in the rehab phase?  My insurance company charges more because the home is vacant.  I would stay there part of the time but it will be difficult to stay in 3 houses at a time once I ramp up my flip business to several at a time.  I'm sure every state is different as far as insurance laws go.  Any ideas or suggestions would be great!!  Thanks

Loading replies...