All Forum Posts by: Stephen Kunen

I am interested in the MF and SFR in Bethlehem if they are still available. Email me at [email protected]. Thanks!

Hello everyone! My wife and I are looking for partners in the Allentown-Bethlehem-Easton area to do BRRR or flips. We live in NJ, which is about 45 minutes away from the area. We are eager to learn about buying distressed properties, rehabbing and either selling or holding for rental income. We have done turnkey deals out of state (in Indiana and Georgia) but have not done any BRRR or flipping. We are hoping to partner up with experienced flippers. We can contribute funding and time, and are willing to share the profit (or giving away profit in exchange for experience). Please message me if you are willing to help and looking for reliable and quick-learning partners. We can meet up in person to discuss. Thank you very much!

Thanks Jeff. I thought it might have only been good for a year. Is it possible to get them for longer than one year?

Happy Friday! Have a quick question. We heard a lot about home warranties but have not used them. How does it work? We just recently had a heater problem with one of our properties and it cost us $2000 to replace it. If we have home warranty, will it cover something like this?

Hi All,

I recently read about an insurance product called Home Equity Insurance that from what I can tell is supposed to provide a payout to the homeowner at the time of sale if the corresponding Home Price Index has gone down in value.  It seems this product is relatively new (starting from 1999-2000) and seems designed to help protect homeowners largest investment (personal residence) against another large financial crash like in 2008.  

It seems this insurance is also available for rental properties and vacation homes too. I found one provider of this product, http://equitylocksolutions.com/ and it seems there is a deductible and a premium to pay, and while you can even receive a payout when selling the home at a profit if the index goes down, you won't get anything if you sell your house (even at a loss) when the index is flat or goes up. 

Does anyone have any experience with this product or thoughts on what, if anything it might actually be good for? Perhaps this might be a good idea for rehabbers/flippers, but not as good for buy and hold cash flow investors. Maybe for a personal residence it makes more sense if you see yourself living in the home only for a few years. Thoughts?

Steve

Thank you very much. Please message me if your manager gives the ok. 

Regards, 

Stephen 

@Chukwudi Motanya. Yes, I still am.

Thanks all, 

@David Kenny, what gave you trouble with American Family Insurance?

@Beth Cooper thanks. Is this them? https://secure.gotapco.com/#/Home

@Doug Minton Thanks, will do. 

-Steve

Does anybody know any insurance companies that do business in Georgia for single family investor homes? 

Hello,

I am about to go under contract for a property in the Stone Mountain area of Georgia and am seeking a reliable property manager to manage a single family 3B1B home in the area. This will be my first turn key investment in Georgia; I have  three in Indiana. I would be interested in what makes your company different and would be looking to see a sample of your property management agreement. Thanks so much!

Best,

Stephen