All Forum Posts by: Rodrigo Serzedello

Hey everyone, thanks for the answer!

Ida hurricane (that was a hurricane and became a tornado), kind of almost crossed Cincinnati, and that’s why I started to be concerned about it. No flooding zones and a good roof seems to minimize my concerns then… great tips!

So do i! lol

I've bought 4 properties in Ohio just out of pictures that my agent sent me.

I'm from San Diego and have a team there that I can trust, this is really important to give you up to speed in negotiations out of state.

#Trust! 

I currently have 4 properties in Cincinatti area, and as im expanding my portfolio, Im looking around other states and cities to don't "put all of my eggs in one basket". I'm specially concerned about natural disasters around Ohio area.

Is someone there from Ohio / Cinci that has the same concern like me?

Any ideas / suggestions for other cities that I could buy a <100k house and get a 1% rent?
Thanks!

Also Study the past hurricanes and natural disasters issues. It's growing a bit in USA and thats an important information to compile.

Makes totally sense @David M. and @Jared Tillery !
Thanks a lot for your answers!

Thanks Dani for your answer buddy!

So, I should then have a property insurance AND umbrella on top of it correct?

(I understand this is just a friendly advise from your end).

Also, when you talk about property insurance, are you talking about home owners insurance or renters insurance?

Hello everyone!

I've started building my portfolio this year and currently I have 3 properties in Cincinatti area with prices ranging around 65k each.

All of the properties are in my name and now I need to decide my insurance direction.

Any tips you guys could give to me of if I should get Home owners insurance, rental insurance or even an Umbrela policy?

Looking forward to also raise my portfolio, so, not sure whats the best way and direction I should go.

Also, changing the properties to an LLC should also be a good direction right?
Thanks!

Thanks @Bruce Lynn for your answer! Im not looking around properties there.

I'm a new investor and have around 100k to invest. I've seen properties around Indianapolis, but seems that Waco I could pay a little more, but for better houses and in better neighborhoods. 
Could I get the 1% rule in Waco and iIs that a good buy and hold (rent) strategy?
Thanks.