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All Forum Posts by: Lakshmi Kotagiri

Lakshmi Kotagiri has started 3 posts and replied 15 times.

Post: Protected way to pay contractor

Lakshmi KotagiriPosted
  • Residential Landlord
  • Dallas, TX
  • Posts 15
  • Votes 2

no, all he gave was a invoice with his company name and address. If I did have a contract also it would be same going to small claims court etc right?

Post: Protected way to pay contractor

Lakshmi KotagiriPosted
  • Residential Landlord
  • Dallas, TX
  • Posts 15
  • Votes 2

Contractor is not licenced. He is son of my cleaning lady who has been working for me since 5 years and now this cleaning lady is also not responding. Strange. no concept of trust. amount is $2000. so i am not if its even worth for me to go after them.

Post: Protected way to pay contractor

Lakshmi KotagiriPosted
  • Residential Landlord
  • Dallas, TX
  • Posts 15
  • Votes 2

Hi All, what is the best way to pay contractor who work on home repairs. I am having a situation with a contractor that I paid thru zelle. He neither finished job; nor responding to my calls/message. I filed a claim with bank but bank mentioned they will try to recover the money if there is money in the amount. but its not guaranteed. first time got into some thing like this.

Post: Dallas/North Texas Meetup

Lakshmi KotagiriPosted
  • Residential Landlord
  • Dallas, TX
  • Posts 15
  • Votes 2
Quote from @Richard Helppie-Schmieder:
Quote from @Tony Severance:

@Richard Helppie-Schmieder - Please send me info about the meet-up.  Thanks!!


 Hey Tony, I just sent you a PM! 


Can I also pls get details about next meetup?

Post: Insurance renewals quotes are very high - 20% + increase

Lakshmi KotagiriPosted
  • Residential Landlord
  • Dallas, TX
  • Posts 15
  • Votes 2
Quote from @Jason Bott:
Quote from @Lakshmi Kotagiri:

Hi All,

two of my rentals insurance renewal is up in February and the renewal rates are coming very high. 25% increase in premium. I didnt have any claims on these houses. any good carriers in Texas that give competitive rates for rentals?

Thanks

 Lakshmi, unfortunately this is the state of the insurance market right now.  We have clients in 30 states, and I'd say if your premium renewal is 20% or less, your doing good.  

There could be other carriers to check, and as @Cameron Moore states, your best option is to partner with a good independent broker who can market your account each renewal.  


 Thank you Jason. both the renewals are above 20% increase!!

Post: Insurance renewals quotes are very high - 20% + increase

Lakshmi KotagiriPosted
  • Residential Landlord
  • Dallas, TX
  • Posts 15
  • Votes 2

Hi All,

two of my rentals insurance renewal is up in February and the renewal rates are coming very high. 25% increase in premium. I didnt have any claims on these houses. any good carriers in Texas that give competitive rates for rentals?

Thanks

Post: Dallas/North Texas Meetup

Lakshmi KotagiriPosted
  • Residential Landlord
  • Dallas, TX
  • Posts 15
  • Votes 2
Quote from @Daniel Schlittler:
Quote from @Lakshmi Kotagiri:
Quote from @Daniel Schlittler:

Hi Everyone!

My name is Daniel Schlittler, and I'm a soon to be Real Estate investor. My goal is to purchase my first property (a SFR) in the growing North Texas area by October of this year. These cities include: Prosper, Celina, Gunter, Melissa, Anna, Sherman, Van Alstyne, etc.

I've been consuming a ton of BP content via podcasts & books, but am really looking to expand my network. My goal in posting this is to see if there's anyone in the Dallas/North Texas area that would be interested in starting some sort of regular meetup with me where we can share ideas, information, etc. The more the merrier!

I didn't see what I was looking for under the meetup tab, so I figured I'd reach out to everyone directly. Please let me know if you're interested!

Either way, I'm excited to be here & look forward to hopefully meeting/talking with some of you.


 Hi Daniel,

I live in Frisco and have few rentals and still looking. trying to learn wholesale and flip process. Pls add me to your meeting.


 Yes ma'am! Alicia just left you the info. See you next month!


 great thanks.

Post: How can I find if there are any meetups happening near by to me?

Lakshmi KotagiriPosted
  • Residential Landlord
  • Dallas, TX
  • Posts 15
  • Votes 2

is there a way to search upcoming meetups around a zipcode?

Post: Dallas/North Texas Meetup

Lakshmi KotagiriPosted
  • Residential Landlord
  • Dallas, TX
  • Posts 15
  • Votes 2
Quote from @Alicia Marks:

If you haven’t joined us yet please make plans to kick off the new year at our North Dallas/ Addison meetup! https://www.biggerpockets.com/...


 HI Alicia, Missed this one. can you pls add me to your next meetup

Post: Dallas/North Texas Meetup

Lakshmi KotagiriPosted
  • Residential Landlord
  • Dallas, TX
  • Posts 15
  • Votes 2
Quote from @Steve Lockwood:
Quote from @Miles Cabean:

Hi Daniel, 

I am new to the NOTX/DFW Area and REI as a whole. Are you still meeting up? I would love to connect with other like-minded investors as well. Please let me know!

Hey Miles, the next meetup is tonight. Info here https://www.biggerpockets.com/...

 Hello Steve, 

Can you pls add me to your next meetup?