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All Forum Posts by: Lisa Albright

Lisa Albright has started 5 posts and replied 17 times.

Hi Jake, 

Thank you so much, I forgot about the 2 of the last 5 year rule, I'll look into all the options you mentioned. Really appreciate your feedback. 

Lisa

Thanks so much for the response Dominic. I really appreciate it. 

Have a nice day.

L

Hi All,

Newbie here, just a quick question we are building an addition on our second home, we have a primary residence, and two rental properties. We are trying to not use our retirement funds. Are there any strategies here to utilize bank funds for our project? Thank you in advance to a great community!

L

Post: Double insurance on 1 home

Lisa AlbrightPosted
  • Posts 17
  • Votes 4

Thank you Bill, our insurance is saying they are going away from STR's due to increase risk, they do not write anymore policies for this and we hate to change policy holders, they have been wonderful. Appreciate your input! Lisa

Post: Double insurance on 1 home

Lisa AlbrightPosted
  • Posts 17
  • Votes 4

I hope this makes sense, we have a second home, we have our space upstairs(not rented) and made the basement into a studio STR.

We do have an excellent Insurance company for full coverage on the home but they will not write an endorsement for a STR. My question is that: will an insurance company write a policy on just the studio part of the home and we keep our current policy on the entire home? So essentially having two policies on the one home. Thanks for any advice in advance.

Hi Matt, 

We are newbie investors, would love to attend a meet up if there was one planned.. Thanks for the post.

Quote from @Kara Leboeuf:

Fall is just about here, its time to settle down from the hustle of summer fun and start thinking about investment strategies and making money in real estate! 
Please join us for our real estate investor meet up. We have investors from all over upstate NY who join us.

This month we will be discussing strategies for investments in this ever changing market. 
Please grab a drink and food at the bar if you wish and then join us in the event room at 7! 

Cheers, 

Kara


 Hi Kara,

I'm new to the investment world here in Glens Falls and wasn't sure if you would be having any more meetups! Would love to meet and discuss various issues/strategies/networking with like minded folks. Thanks so much

Quote from @Jason Bott:

@Mehmet Eksik I will send you the companies I have found to be the most competitive.

 Hi Jason, I know this post is 5 years old but was wondering if you are in the insurance market still and would have the names of the companies most competitive in the Albany area. We are buying a three unit and have gotten a quote and is a bit high. Thanks so much in advance. Lisa

Quote from @Jim Turner:

I am very interested in the senior market and would like to flip houses by making them Age-in-Place ready. Call it my niche. I have completed the National Association of Homebuilders Certified Age-in-Place Specialist courses and will soon undertake the studies necessary to receive the CSA designation, Certified Senior Advisor. I know Austin is a very competitive flipping market and I am willing to look in the surrounding areas, and possibly San Antonio as well. I have renovated one house in Austin as a Buy and Hold, though not with Age-in-Place features. Need to learn more about flipping and acting as my own contractor, and also find a good realtor who has experience in both flipping and Age-in-Place. Too much to ask? Thank you all in advance.


 Hi Jim, I am fairly new to BP and am also thinking of taking the 
National Association of Homebuilders Certified Age-in-Place Specialist course, I am wondering what your thoughts were on this and if you found it beneficial. I am a retired OT and have worked in the medical field for over 20 years and now a new investor. I am seeking to couple to two things to help seniors in our area. Any information would be greatly appreciated. Thank you again! Lisa

Thanks so very much Randall! I really appreciate it. Looks like you are in my neck of the woods, Glens Falls! 

Thank you so much for your feedback!