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All Forum Posts by: Steve K.

Steve K. has started 14 posts and replied 45 times.

Post: Umbrella Policy Recommendations

Steve K.Posted
  • Posts 45
  • Votes 18
Quote from @Greg Scott:

Have you talked with your homeowner policy broker?  Usually they are the ones you would go to for an umbrella.  Before I knew that I had been shopping around for one without much success.


 Hi Greg, 

Thanks for your input. Yes, I am getting a quote from them. I would like to compare with other policies that are offered elsewhere.

Post: Umbrella Policy Recommendations

Steve K.Posted
  • Posts 45
  • Votes 18

Hello everyone,

Can anyone please give me a recommendation for a good Umbrella Insurance Policy?

Thank you!
 

Quote from @Ken Holifield:

I agree with Glen.  Second endorsement for HouseScan.  They are very thorough.  Good luck!


 Thanks for your recommendation, Ken!

Quote from @Mindy Nicol:

There is nobody better than Guardian Home Inspections (Davey Compton).  I will not use anyone else.  Message me for contact info.  He has literally saved me thousands.

Mindy


 Thanks for your recommendation, Mindy!

Quote from @Glen Friedman:

We've used HouseScan inspections for many of our deals, incredibly competitive pricing and amazing service

Thanks for your recommendation, Glen.


Good luck,
Glen



Thank you, Dylan and Elenis. I will definitely check them out!

Hi everyone!

I am recently under contract on a small multi-family property in Jacksonville, FL. Does anyone have recommendations of a great home inspector to be used during the escrow period?

Thank you so much!

Quote from @Alison Brenner:

I went through the same mental gymnastics. My partner and I are still working from home. In 2022, we fired the PM company and started self-managing. Our work schedules allowed for flexibility- we wanted to give property management a try.

We couldn't have made a better decision. I am member of AAOC and CAA (tons of form templates are available on the websites). I also have two attorneys on retainer - one general real estate and one eviction.

Self managing is a life changing experience. We don't travel. We are on call 24/7. And we wouldn't change it for the world. It isn't pretty, fun, or easy. It is absolutely worth the sacrifice. There is NO replacement for first-hand experience.

With that being said, every landlord is different. There's a steep learning curve and the first year sucks (for lack of a better word). Wishing you the best in your investment journey. Happy 4th!


 Hi Alison!

Thank you for reaching out and sharing a part of your experiences. It sounds like you found your path in this journey! I'm still thinking things through one step at a time. I will reach out to you if I have more specific questions that arise. Thank you for your help!

Quote from @Daniel Kim:

I use a company in Cypress to manage my property in the area. Let me know if you would like their info.


 Hi Daniel,

Yes, I would definitely appreciate who you use as a property manager. I'm thinking about all my options now. Could you PM the info? Thank you so much, Daniel!

Quote from @Caroline Gerardo:

Do not use Utopia, I would also frown on Legacy. Danny Purcell is excellent for luxury. 

Most in OC charge 10% plus you pay all expenses. That's going to hurt.


 Thank you for your thoughts, Caroline!