All Forum Posts by: Sonny Samuelson

Dear Big Pocket community;

I own a small rental property in Pflugerville TX and last week the A/C unit started leaking due to poor workmanship as a result the carpet in the adjacent room was found to be soaking wet and in need of replacement. Can you please make a recommendation for carpet installers in the Austin area or should I just go with the big chain stores? Your input is always appreciated.

Best Regards
Sonny

Dear Mr Price;

Thank you so much for the quick response. Can you please provide me with his contact info?

Does he do general contracting including A/C repair?

Thank you

Sonny

Dear Big Pocket community;

I need your help in recommending a reliable handy man and A/C repair company. I have an A/C unit leaking and the water went into the carpet in the adjacent room. I have dealt with many dishonest contractors in the past and I really need help in finding the right one. My small rental home is located in Pflugerville TX . Have a blessed day

Thank you

Sonny

Dear BP community;

Looking at some properties in Dallas zip code75203

Any input on whether this area is viable for rental market.

See a lot of foreclosure around the new community.

Thank you 

Dear BP community;

I need your advice; I am trying to find a SFH to buy in either Austin or Dallas for a buy and hold and ready to rent my budget is $150-$170K but I have had 0 success. I need your advice is the real estate market out of reach for small investor. Are we headed for another real estate market crash? Should I wait until next year. Your advice is greatly appreciated.

Thank you

Dear BP members;

What is a typical policy deductibles on a DP3 insurance for a rental property? Is 3% considered too high? Should I consider getting 1%. Thank you for your valuable feedback

Dear BP member;

Can you please provide me with the contact info of Corey? Is he an independent agent? Have you used him before for insurance on rental properties? I am sorry for asking too many questions but I am new at this. Thank you

Dear BP members;

Thank you so much for the wonderful feedback this is a great site. I did indeed check with my homeowners/ auto insurance and they do no offer any coverage for rental properties

I saw an example of coverage that included the following:

Dwelling coverage (A)

Dwelling extra replacement cost

Dwelling extension 

Business liability coverage (L) each occurrence

Business liability coverage (L) annual aggregate

Premises medical payments coverage (M)

Loss of rent

Are all these coverages required? 

One last question? Would creating an LLC be worth it for one property?

Thank you

Hello;

I am new to the group and new to real estate investing. I got my first rental property and in the process of shopping for a good insurance for my rental home. The property is located in Austin TX.

I would appreciate your feedback on who provides  a good reputable insurance for rental properties. Also can you please help me decide what coverage is a must to protect myself from liability and Law suites. Thank you