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All Forum Posts by: Jim Truscott

Jim Truscott has started 2 posts and replied 7 times.

Post: Renters insurance coverage Indianapolis.

Jim Truscott
Pro Member
Posted
  • Investor
  • Carmel, IN
  • Posts 7
  • Votes 3

When requiring tenants to purchase renters insurance, at what amount would you set the minimum liability coverage? Also, are there any particular insurance companies that you would recommend for an SFR in Indianapolis?

Thanks,  Jim 

Post: New Member from Indianapolis, Indiana

Jim Truscott
Pro Member
Posted
  • Investor
  • Carmel, IN
  • Posts 7
  • Votes 3
@len smith Welcome aboard! Great to see another Indianapolis newbie on the site.

Post: Newbie from Indianapolis.

Jim Truscott
Pro Member
Posted
  • Investor
  • Carmel, IN
  • Posts 7
  • Votes 3

@Darren Finney that sounds great. Let me know when you're back in town. Looking forward to getting together.

Post: Newbie from Indianapolis.

Jim Truscott
Pro Member
Posted
  • Investor
  • Carmel, IN
  • Posts 7
  • Votes 3

@Paul Timmins, thank you for the information.   I downloaded the book and I'll spend some time on it tomorrow.  Looking forward to meeting some more investors  in my area over the next few months.  

Thank you for the welcome.

Jim

Post: Newbie from Indianapolis.

Jim Truscott
Pro Member
Posted
  • Investor
  • Carmel, IN
  • Posts 7
  • Votes 3

#136 was outstanding.

Post: Newbie from Indianapolis.

Jim Truscott
Pro Member
Posted
  • Investor
  • Carmel, IN
  • Posts 7
  • Votes 3

Thanks Shawn,  I've read almost all of them and I'll have to check up on the last two channels. I am not opposed to looking a little farther out, I was looking for something a little closer to home to manage ourselves. Looking to build a little more experience managing larger properties before we scale up and grow with 3rd party management.

Post: Newbie from Indianapolis.

Jim Truscott
Pro Member
Posted
  • Investor
  • Carmel, IN
  • Posts 7
  • Votes 3

Hello from Indianapolis,

     I have been reading and listening to this site for the last several months.  First of all, Thank you Josh and Brandon.  The amount of information on this site is incredible. I have listened to almost every podcast, some more than once.  I've ordered and read Brandon's books. The Book on managing rental properties is an amazingly detailed and thorough reference manual.  Great job!

I moved to Indy about twenty years ago. Since then I've bought a couple primary residences and have an SFR that my wife and I have owned and managed for the last several years. I have a decent knowledge of finance and accounting via a finance degree and have gained some experience managing our own rental.

    2011 our first son was born. In the blink of an eye and two babies later, I relize how much my job keeps me away from my family.  How did they get so big so fast?  

    It's time to get serious about real estate investing, learning about and building a portfolio that will eventually allow me to spend that quality time with my family.

     We would like to acquire multi family buildings in the central Indiana area . More specifically, North Indianapolis, Carmel, fishers, Noblesville, Westfield, Zionsville and Whitestown.  I am interested in Buy and hold 10 - 30 unit buildings.  

        I am looking forward to being part of this community and thankful for the resources available here.

Jim