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All Forum Posts by: Asim Alam

Asim Alam has started 21 posts and replied 127 times.

Post: What Do You Pay For Flipping Insurance?

Asim AlamPosted
  • Professional
  • Tucker, GA
  • Posts 138
  • Votes 29

I received a quote for a product called REI Guard through @Jason Bott here on BP.

Post: Craziest Thing You've Ever Found in a Property

Asim AlamPosted
  • Professional
  • Tucker, GA
  • Posts 138
  • Votes 29

A cache of African statues... SERIOUSLY!!

Post: What Do You Pay For Flipping Insurance?

Asim AlamPosted
  • Professional
  • Tucker, GA
  • Posts 138
  • Votes 29

Hey y'all,

I'm shopping around for insurance for my first flip just outside Atlanta, and I was wondering what you pay for monthly premiums. My entire project cost is $235,000 ($145,000 purchase + $90,000 rehab), and I *definitely* want replacement value plus theft/vandalism coverage.

I've gotten quotes ranging $170 to $209 monthly, but that seems really high to me.

Post: Georgia Insurance Broker Referral

Asim AlamPosted
  • Professional
  • Tucker, GA
  • Posts 138
  • Votes 29

Thanks, @Jason Bott

Post: Shopping Insurance or have any insurance questions?

Asim AlamPosted
  • Professional
  • Tucker, GA
  • Posts 138
  • Votes 29

Hi Stacee,  I just put my first flip house under contract in Smyrna, Ga... Can I give you a call to discuss getting homeowner's insurance on it during the rehab period?

Post: Georgia Insurance Broker Referral

Asim AlamPosted
  • Professional
  • Tucker, GA
  • Posts 138
  • Votes 29

So I'm about to flip my first property... Just put it under contract in Smyrna, GA. Did you guys find a good insurance broker that you could recommend to me as well?

Post: Does anybody know Charles Lee, Realty 103 or Rehabamerica.biz??

Asim AlamPosted
  • Professional
  • Tucker, GA
  • Posts 138
  • Votes 29

I'm really interested too.. I just contacted him about a deal. I asked him for references.

Post: Any Referrals For GC's in Dekalb County?

Asim AlamPosted
  • Professional
  • Tucker, GA
  • Posts 138
  • Votes 29

Will do, Curt! GA-REIA is one of those "meaning to do" things but I need to get off my *** and just go to a meeting! Wow, I sound like I'm in Alcoholics Anonymous.

Post: Oakland City/Westview home.. multiple exit strategies

Asim AlamPosted
  • Professional
  • Tucker, GA
  • Posts 138
  • Votes 29

Does the square footage support a second bathroom, or would a permit be required to expand?

I'm very interested! Please PM me.

Post: Any Referrals For GC's in Dekalb County?

Asim AlamPosted
  • Professional
  • Tucker, GA
  • Posts 138
  • Votes 29

Does anyone know of a good general contractor in the Dekalb County area? I'm having a ridiculously difficult time finding one.