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All Forum Posts by: Shaun R.

Shaun R. has started 80 posts and replied 214 times.

Post: Louisiana Eviction Moratorium

Shaun R.Posted
  • Real Estate Agent
  • Denham Springs, LA
  • Posts 226
  • Votes 159

I'm googling but not having much luck.  I read that the federal moratorium on evictions was set to expire on July 25th.  Did it actually expire and did the one that Edwards had in Louisiana expire?

Post: New Investor: Lender Recommendations in Baton Rouge

Shaun R.Posted
  • Real Estate Agent
  • Denham Springs, LA
  • Posts 226
  • Votes 159

Hey Luis, I’m an agent I’m Denham Springs.  I work with some really good lenders around here, but I’d be curious to know more about what you’re trying to do.  Shoot me a text or give me a call tomorrow and I’ll be happy to put you in touch with anyone in my circle if we think they can help you. 397 5098

Post: Damsel in Distress !

Shaun R.Posted
  • Real Estate Agent
  • Denham Springs, LA
  • Posts 226
  • Votes 159

Just out of curiosity... which town in Louisiana?  

Post: Money in whole life insurance

Shaun R.Posted
  • Real Estate Agent
  • Denham Springs, LA
  • Posts 226
  • Votes 159

Thank you @Charlesa F.  The guy in the podcast referred to the Rockefellers doing this strategy multiple times.  I'm going to check the book out.  

Post: Money in whole life insurance

Shaun R.Posted
  • Real Estate Agent
  • Denham Springs, LA
  • Posts 226
  • Votes 159

I'm not looking at this for the insurance.  And this guy was even saying that a whole life insurance policy is about the worst investment you can make.  The benefit was that while you're collecting this small, guaranteed 4% return, you have access to the money.  He says certain companies will let you borrow up to the amount that you have in the account very easily.  I was curious if this is a viable strategy, or just a guy trying to sell another course. 

Post: Money in whole life insurance

Shaun R.Posted
  • Real Estate Agent
  • Denham Springs, LA
  • Posts 226
  • Votes 159

Anyone here listen to the Lab Coat Agents podcast?  I was listening to one this morning (https://podcasts.apple.com/us/...) and the guy was talking about putting your money into whole life insurance company's general funds.  He said they guarantee a 4% return and that you can borrow against it very easily.  I actually heard something very similar recently from an agent in my area.  This is news to me, but is this something anyone else is familiar with?  

Post: Cash out refi for non owner occupied property

Shaun R.Posted
  • Real Estate Agent
  • Denham Springs, LA
  • Posts 226
  • Votes 159

Lenders... if I buy an investment property that appraises for $125k for $100k cash, could I do a cash out refi and get 80% (my $100k) back out?

Post: Plumbers in the Baton Rouge/Denham Springs area

Shaun R.Posted
  • Real Estate Agent
  • Denham Springs, LA
  • Posts 226
  • Votes 159

I’ve had good luck with Cody Allen with Rollins Plumbing.  It won’t let me post a phone number in this reply but you can look them up on Facebook to find it.  Sometimes he is too backed up but will give your the number of a good plumber that can help you quicker.  

Post: Baton Rouge Home Inspectors

Shaun R.Posted
  • Real Estate Agent
  • Denham Springs, LA
  • Posts 226
  • Votes 159

I'll throw my hat in for Kelly Olivier w/ Olivier's Home Inspections too.  He is my go to guy as an agent and I've had him inspect multiple personal properties of mine.  His prices are very competitive and I really like the software he uses for his reports... as a matter of fact I helped talk him into using it.  

Post: Personal line of credit

Shaun R.Posted
  • Real Estate Agent
  • Denham Springs, LA
  • Posts 226
  • Votes 159

I wish they would count an IRA as an asset that they could loan against. I've got about $180k in an IRA and I'd love to be able to get a $100k line against it.