All Forum Posts by: Erron Pham

@Tom Ott: Thank you sir, that give me a better picture. Thinking about area nearby Atlanta, what is your opinion? 

@Jonathan Oh Yes I would like more info on your resources. Thank a lot bro.

Chris Coleman: yeah, I read some of her blogs and read some of her replies to other posts. She gave valuable advises. What is the avg CoC return and price range for properties posted on REI Nation? Thanks

Stephen J Davis: Yes sir, I will keep that in mind. All of the long distance investment properties I found require a minimum 20% down anw, if not 25%. Thanks a lot.

Can someone please recommend some good/trustworthy turnkey provider? Im currently using Roofstock, but would like to know if there are any other option out there. Thank a lot. 

Hi Thu, I'm sorry for your trouble, it's a frustrated situation especially when you are a distant owner. I can relate because I also just bought a house on Roofstock too, in Indianapolis, and using the same insurance company as you (Real Protect). I highly recommend you to use your insurance to pay for the door if the cost to replace it is higher than your deductible. Remember you paid them for time like this, so use their service when you need it. Don't worry about the insurance increase, usually it won't be much for something this minor, you probably gonna lose the "no claim discount" at most, if they even offer it. I don't know how much of a renovation you did to your house, but if you think you did a good job on it keep the rent as it or increase it to the market rate; you want to get back your initial investment asap and buy another house. (Check rentometer and neighborhoodscout to see if your area have a high rate of rental property, then ask your PM to adjust your rent accordingly, PM love rent increase because they charge you on %) 

P/S: if you decide to use Real Protect, please let me know how is their service. Thank you and good luck on your REI.