Wind/hail deductibles are increasing (if coverage is provided at all), and this usually affects the captive insurance companies first, those mentioned, and others.

It's like riding a bike...never forget how to do it!

It will be another wild ride for their investors down the road as these mindless purchases will definitely collapse.So, I am not surprised at this outcome and in my opinion, RE investors will benefit in a short while as wall streeters unleash a flood of these properties for cheap, as they rush to save their hide......amazing!

Hello, My name is Malcome Baggett I hail from Jacksonville, Florida and I am a budding Real Estate Investor.

Hey All,I'll be visiting Memphis, TN for the first time next week, for the purpose of conducting further due diligence on my first investment rental property that I have in escrow at the moment.I'll be riding around with the seller of the property, who has agreed to take me on a tour of different sub-markets within the greater Memphis area (for future investments), as well as a tour of the property itself.I would like to make the most out of this trip, so I'd like to ask if anyone has any recommendations on how to make the most of this trip, i.e. questions to ask, markets to visit, people to meet, checklist at my subject property, and overall what I should be doing on this trip.

A bust deal worst of all.Its a saying I made to help me always remember when Im in the rush of the heat of the moment (we all know that feeling, especially at auction :D ).Sometimes you just need to saddle up and ride off into the sunset onto a different region with better returns.Ultimately, its about making a profit, not about convenience, about simplicity, or about "ease of access".We didnt work W-2s because it was "convenient" we did it because rent was due on the 1st, late by the 5th, and evictions occur 35 days after lol.Investing requires a high amount of discipline, and the consequences are high.

It's my understanding that the wind/hail portion of damage is already covered under regular insurance policies with a much higher deductible, I believe, like 10%, so you'd be paying that first $20K yourself, anyway.

Pull the trigger and ride it all the way through. 

The bug bit us hard too and 3.5 years after getting started we have 5 rentals and are quickly riding our dream of 10!

Now I realized that I had given them a long free ride and  I must do a new lease factoring how large the family have increased.