Does anyone know of an insurance company that would insure a vacant 5 unit apartment building in western NY? I evicted all the tenants after I Afghanistan, because of the damage they caused while I was away. I will probably deploy again soon and don't want to come home to another mess. Plus I don't have time or money to fix it now.
@Gregg Reinbold this might be a better question in the New Jersey forum? Or maybe the "Multi-Family" forum? You might get better responses there. This forum is usually for military types of questions and I think those other areas might be a better fit for this type of a post.
Andrew Postell, Lender in Texas (#392627)
@Gregg Reinbold Thank you for your service.
Regarding your vacant 5-unit multifamily, is the damage that bad that you can't get a Realtor to lease up some of the units? Then hire a Property Manager to manage the property for you while you are deployed? As you know, Insurance companies don't want to insure a property that is vacant (I've gone through that myself quite a few times). It sounds like an awesome property (five units) - it's a shame that it can't be generating some revenue for your while you are deployed.
Contact Anthony Lee at Cobalt Steele, he is on BP.
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