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All Forum Posts by: Jeff Henderson

Jeff Henderson has started 8 posts and replied 38 times.

Post: Home Appraisals Method in HSV

Jeff Henderson
Pro Member
Posted
  • Rental Property Investor
  • Huntsville, AL
  • Posts 42
  • Votes 15

@Stacey Bochenski will send you a DM with information on refinancing options.

Post: Home Appraisals Method in HSV

Jeff Henderson
Pro Member
Posted
  • Rental Property Investor
  • Huntsville, AL
  • Posts 42
  • Votes 15

@Brandon Hardiman we have performed a cash out refinance recently in the Huntsville area and the appraisal was actually higher than we expected. The comps pulled were within about one mile of the property. It is also my understanding listening to one of the BP podcast that you can dispute an appraisal with additional comps to have it possibly adjusted. This may require a second appraisal but don’t hold me to that since I have slept since listening to the podcast. LOL. Hope this helps.

Post: Florence, Al. Contractor

Jeff Henderson
Pro Member
Posted
  • Rental Property Investor
  • Huntsville, AL
  • Posts 42
  • Votes 15

@Daniel Hayes Thank you for the information. This is great!

Post: Florence, Al. Contractor

Jeff Henderson
Pro Member
Posted
  • Rental Property Investor
  • Huntsville, AL
  • Posts 42
  • Votes 15

If anyone has general contractor recommendations in Florence area they would recommend I would greatly appreciate it. Plumbers, GCs, roofers etc... would be great. Feel free to DM me.

Thanks in advance.

Post: Experience with Section 8 Housing

Jeff Henderson
Pro Member
Posted
  • Rental Property Investor
  • Huntsville, AL
  • Posts 42
  • Votes 15

Anyone working with Huntsville Housing Authority and section 8 housing? Overall thoughts with the process and placement of tenants. Good experience, bad experiences, other experiences with all aspects?

Thanks in advance.

Post: Facebook Plans Expansion to Huntsville Data Center Project

Jeff Henderson
Pro Member
Posted
  • Rental Property Investor
  • Huntsville, AL
  • Posts 42
  • Votes 15

Thanks Shawn for sharing! This is another big announcement for the North Huntsville Industrial Park that has the Toyota Manufacturing Plant on Pulaski Pike and AeroJet RocketDyne as well. Lots of construction in that area.

Post: Thoughts on Florence, Tuscumbia, and The Shoals

Jeff Henderson
Pro Member
Posted
  • Rental Property Investor
  • Huntsville, AL
  • Posts 42
  • Votes 15
I will try to help with information we gained from the area. We only have the one property right now but actively look for opportunities. I can send you a DM with contact information.

Originally posted by @Shawn Costley:

@Jeff Henderson @Joseph Miller-Hall I would be interested in picking your brain a little bit about opportunities over near you UNA.  I’ve always wondered what drives the rental market there in terms of industry, jobs, etc. If you can give me a good time that you may be available perhaps you and I along with some others can get a zoom call or meet up scheduled to discuss. I also believe that that area is kind of an undiscovered gem for the real estate investor. I’m just trying to figure out what is driving the rental demand.

Post: HOA Insurance Coverage versus Owner Insurance

Jeff Henderson
Pro Member
Posted
  • Rental Property Investor
  • Huntsville, AL
  • Posts 42
  • Votes 15

We own several condos and are required to provided full coverage for the entire assessed value of the condo even though our responsibility is with the interior for coverage. Do other REI provide the HOA's insurance coverage documents to the lender/bank to offset the amount of coverage required? Thanks in advance for any insight!

Jeff

Post: Huntsville Insurance Coverage/Insurance Companies

Jeff Henderson
Pro Member
Posted
  • Rental Property Investor
  • Huntsville, AL
  • Posts 42
  • Votes 15

@Stacey Bochenski would you mind sending me the insurance information?

Thanks in advance,

Jeff

Post: Rental Property Insurance Search

Jeff Henderson
Pro Member
Posted
  • Rental Property Investor
  • Huntsville, AL
  • Posts 42
  • Votes 15

What method are REI using to maximize rental property insurance coverage while getting the best rates? Local Insurance brokers , Insurance brokers on the Internet?

Thanks in advance,

Jeff