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All Forum Posts by: Yohannes N.

Yohannes N. has started 1 posts and replied 2 times.

Classifieds

Post: BRICK Decatur 4/2 for JUST $18K Down with 5-Year Seller Financing

Yohannes N.Posted
  • California, CA
  • Posts 3
  • Votes 0

Hi Mr. Messer,

Can you please add me to your investor list? I am interested in buying properties in Atlanta. my email is [email protected]

Thanks

0 Votes
Insurance

Post: Insurance Cancellation

Yohannes N.Posted
  • California, CA
  • Posts 3
  • Votes 0

I purchased a single family rental property in GA two months ago(Jan 2016) and rented it. The insurance sent me a cancellation letter in less than two months, with a one month notice. The reason was  lack of upgrades or maintenance of roof but they did not tell me to upgrade it. I have inspected the property when I bought it and the inspector said it's advisable to change it after a year.

I am new to investment and first time home  buyer and I am wondering what my strategy should be now.  Should I fix the roof now while shopping for other insurance companies in the coming few weeks? Will this affect me negatively in finding other insurance companies b/c my policy was cancelled?  Please advice. Thanks in advance.

0 Votes