Denied Insurance on the New Rental Property!
or should I say “Shiiiiiiiiiit”
Who am I kidding, this guy does it better..
Here is the email I sent to my Agent once I figured out I was denied home insurance coverage on rental property #5 Nicki Minaj
Agent, (name redacted)
This is the message I received from the insurance company..“Hi Dominique,According to the inspector the surrounding houses are boarded up, because of this Erie cannot insure it. This causes a great increase for the risk of fire and vandalism. I’m sorry for any inconvenience. Please let me know if you have any questions. “
With that said, we need to put a procedure in place for purchasing properties:1. Cannot be near/around any vacant / abandoned buildings (unless we are purchasing abandoned building as well)Secondly, do you have an insurance guy I can contact? I need to get <Nicki Minaj> insured as soon as possible. Also… anyway I can buy the vacant property near Nicki Minaj? We can take it on as a rehab project if the price is right.