All Forum Posts by: Jake Bourgraf

I would get quoted out by a few different brokers. I can send you a list. I have about 10 I normally run my policies through but typically only 3 I normally pick

Please send that list.

0 Votes

Cincinnati, Ohio

Looking for landlord insurance, I have asked my current insurer, and it is the same price as if I were living there. Who do you recommend in Ohio?

3 Votes

Cincinnati, Ohio

Quote from @Chris Seveney:

Quote from @Jake Bourgraf:

I just got off the phone with a seller who states that in a land contract, he would have to pay back up to 80% of payments to the buyer if the buyer defaults. Thus, he wants nothing to do with carrying the note. This is in OHIO, and I can not find anywhere that it states what he is saying. Has anyone run into this or have anything that states it or not?

we have done a lot of land contracts in Ohio and I have never seen this. There are rules in Ohio where if the borrower has more than 20% equity or has held the land contract for more than five years then the lender must go through a judicial foreclosure as if it was a mortgage.

In Maryland there is a law if it is not recorded the borrower at any point can request all payments be reimbursed back to them. CRAZY

Yes, I saw the 20% but not the other part so just looking to see if anyone has dealt with it in Ohio.

I prefer seller financing so I keep the deed. Whats the major difference in the two?

1 Vote

Cincinnati, Ohio

0 Votes

Cincinnati, Ohio

I am looking for a title company to complete my deal. It's a hybrid and this is my first deal like this. It will be our primary. Any recommendations for title companies in South West Florida around the Tampa area?

0 Votes

Tampa, Florida

So I manage 3 STR, and for some reason, at least once a month, I would get them asking for the wifi password even though I have it posted so many times through the booking. So I finally came up with this sign. I put it in all the rooms and haven't had any more guests asking about the wifi.

https://www.etsy.com/listing/1...

1 Vote

So I have an opportunity to buy 3 properties via seller finance. They are currently rented out and have all been updated and well-maintained. They want 350k for all of them, and the rents are $800, $750, and $500. I think I could increase rents a little as they are all updated and they haven't increased rent. I think I could get $900, $800 and $700 given the market rent. I am trying to figure out if this is a good deal. We haven't talked terms, but they are open to a lot as their main reason to do this is to avoid taxes as they are retired. I also know them personally. Can anyone help me with this? This would be my first real estate investment outside of my primary home and haven't done much on seller finance. THANK YOU

0 Votes

Cincinnati, Ohio

@Zachary Elliott I look forward to meeting you next month

0 Votes

Cincinnati, Ohio

Looking forward to October's meet-up.

1 Vote

Cincinnati, Ohio

Quote from @Zachary Elliott:

Hey everybody!

This meetup continues to grow and will continue to be a monthly meeting at a local brewery and/or pub. We will meet on the first Thursday of every month. There is currently no agenda; instead, I'd really just like to provide networking opportunities and give people a chance to meet other investors. I think it can feel a bit lonely out there and I'd like to be able to encourage other investors when possible.

Ultimately, I'd like to be able to invite speakers to come to the meeting so that we can discuss targeted topics that are helpful to the group. For now, it'll just be networking. If you have any questions, please respond to this post or DM me and I'll do my best to answer any questions.

As always, I'm looking forward to meeting a few new people!

P.S. If you can't find us when you get there, call me on the number in my signature block and I'll let you know where we are.

Looking forward to October's meet-up. Seems I just missed this one by a few days.

0 Votes

Cincinnati, Ohio

All Forum Posts by: Jake Bourgraf

Jake Bourgraf has started 6 posts and replied 11 times.

Post: Landlord insurance Ohio

Post: Landlord insurance Ohio

Post: Land contract Seller Payback 80% if Buyer defaut

Post: Land contract Seller Payback 80% if Buyer defaut

Post: Title company for hybrid deal

Post: Wifi questions that I found a solution to :)

Post: Seller financing opportunity HELP 🏡🆘

Post: Just the beginning of my journey

Post: Properties & Pints - Greater Cincinnati (September Meeting)

Post: Properties & Pints - Greater Cincinnati (August Meeting)

Jake Bourgraf has started 6 posts and replied 11 times.

Biggerpockets Logo Post: Landlord insurance Ohio

Biggerpockets Logo Post: Landlord insurance Ohio

Biggerpockets Logo Post: Land contract Seller Payback 80% if Buyer defaut

Biggerpockets Logo Post: Land contract Seller Payback 80% if Buyer defaut

Biggerpockets Logo Post: Title company for hybrid deal

Biggerpockets Logo Post: Wifi questions that I found a solution to :)

Biggerpockets Logo Post: Seller financing opportunity HELP 🏡🆘

Biggerpockets Logo Post: Just the beginning of my journey

Biggerpockets Logo Post: Properties & Pints - Greater Cincinnati (September Meeting)

Biggerpockets Logo Post: Properties & Pints - Greater Cincinnati (August Meeting)

Post: Landlord insurance Ohio

Post: Landlord insurance Ohio

Post: Land contract Seller Payback 80% if Buyer defaut

Post: Land contract Seller Payback 80% if Buyer defaut

Post: Title company for hybrid deal

Post: Wifi questions that I found a solution to :)

Post: Seller financing opportunity HELP 🏡🆘

Post: Just the beginning of my journey

Post: Properties & Pints - Greater Cincinnati (September Meeting)

Post: Properties & Pints - Greater Cincinnati (August Meeting)