EP 010: How to Insure Your Sub2Deals

How can you insure your Sub2 deals? How do you make sure that your claim isn’t denied? What’s the best system to insure many properties?

Getting insurance on Sub2Deals wrong is one of the main reasons why the Due on Sale clause kicks in. You want to make sure this clause has no chance to kick in so you need to get your insurance details right. You also want to make sure insurance companies don’t have a chance to deny you in the event you need to claim.

Insuring Sub2Deals can seem complicated and intimidating. Everyone has a different opinion on how to insure a Sub2 property. But with over 20 years of experience in the real estate industry and over 500 property investments, I can confidently say that my system of insuring Sub2 deals is simple and the right way to do it.

In this episode, I share:

• The two ways in which insurance can be set up for a property - with or without escrow.

• What it means when you buy properties with insurance in escrow.

• What it means when you buy properties without insurance in escrow.

• Steps you need to take when you buy these properties under Sub2 to make sure your claims are not denied

• Steps to take to make sure the Due on Sale clause does not kick in due to mistakes made in your property insurance.

• How to work with insurance companies and agents to correctly insure your Sub2 deals.

Get my Ultimate Sub2 Guidebook here.

Join us at our Facebook Group Sub2Forums, to ask questions about Sub2Deals.

If you would like to learn more about subject to deals, check us out at Sub2Deals.com.

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