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All Forum Posts by: Steve Dearing

Steve Dearing has started 1 posts and replied 7 times.

Real Estate News & Current Events

Post: How Many RE Investors are Engineers?

Steve DearingPosted
  • Investor
  • Dublin, OH
  • Posts 7
  • Votes 5

BSEE, MBA, REI :)

1 Vote
General Landlording & Rental Properties

Post: Why is unpaid rent so high?

Steve DearingPosted
  • Investor
  • Dublin, OH
  • Posts 7
  • Votes 5
Originally posted by @Remington Lyman:
Originally posted by @Steve Dearing:

I own 70 units in Ohio, all paid but one.

 Where are your units located?

 Central Ohio

1 Vote
General Landlording & Rental Properties

Post: Why is unpaid rent so high?

Steve DearingPosted
  • Investor
  • Dublin, OH
  • Posts 7
  • Votes 5

I own 70 units in Ohio, all paid but one.

3 Votes
General Landlording & Rental Properties

Post: insurance for 8 unit multifamily - central ohio

Steve DearingPosted
  • Investor
  • Dublin, OH
  • Posts 7
  • Votes 5

Hi Lisa, I think it is a good deal.  Gross rent of 4500/mth.  Numbers work. 

I want acv to protect my investment and also have reasonable premium. Premium for replacement cost is cost prohibitive. Replacement cost is 800k to 900k as building is 7400 sqft and stucco, so premium would be very expensive.

0 Votes
General Landlording & Rental Properties

Post: insurance for 8 unit multifamily - central ohio

Steve DearingPosted
  • Investor
  • Dublin, OH
  • Posts 7
  • Votes 5

Andrey - I'm sure it is inexpensive compared to Hawaii.  Hopefully the price is right, time will tell.  It is my first multi family so will be good learning experience as well. 

0 Votes
General Landlording & Rental Properties

Post: insurance for 8 unit multifamily - central ohio

Steve DearingPosted
  • Investor
  • Dublin, OH
  • Posts 7
  • Votes 5

thanks Robert.  I'll contact NRE and see what they have to offer. Thanks again.

0 Votes
General Landlording & Rental Properties

Post: insurance for 8 unit multifamily - central ohio

Steve DearingPosted
  • Investor
  • Dublin, OH
  • Posts 7
  • Votes 5

I'm looking for a lead or info for landlord policy on 8 unit multifamily in central ohio (near Coumbus).  I want ACV, not replacement cost.  Purchase price is 260k.

Thanks in advance for any assistance, much appreciated.  

0 Votes