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15 May 2018 | 1 reply
As far as the Umbrella policy goes you should look at an Umbrella Policy as "excess liability" or "secondary coverage" meaning the underlying policy (home or auto) pays first in a claim situation and if the claim exceeds the limits of the underlying policy THEN the Umbrella kicks in.There are companies that will sell you an Umbrella policy without requiring you to buy another policy from them ...but...they still want to verify your underlying coverage on the home and autos.Geico is an Auto insurance company first - they broker out the homeowners policy to other companies which is why you may not be getting good advice from them...plus it's an 800# and the kid you are talking to may not have any real world experience in what you are trying to do so can't think of any solutions.Try reaching out to a local independent agent or a Farmers agent - Farmers has options to put all but one of your autos in "storage mode", and should be able to combo that with your home as a landlord policy thru Foremost then set up an Umbrella policy for you on the entire package.
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3 July 2018 | 6 replies
So instead, I'm going to ask, What are some key elements, tips, suggestions that I need to keep in mind when building out these two pages?
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23 May 2018 | 17 replies
After listening to Biggerpockets podcasts and blogs about the author and his new book on note investing, I went ahead and bought the whole package.
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21 August 2018 | 20 replies
From our experience here is Kansas City, we consistently secure homes in off market channels that allow us to show equity to investors prior to sale as part of the pre-purchase research and vetting package and ultimately deliver homes with equity at part of the turnkey package.
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30 May 2018 | 13 replies
Peruse the MLS to see if you can find them hiding in there now (I've seen that before) Also, someone may have scooped them up prior to the properties prior to auction date by buying at whatever price the seller wanted and therefore they had no cause to put them up for auction. could have been a package deal and that's why all of them dissapeared
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17 May 2018 | 12 replies
the market will determine how much your information is worth when you package it.write a book, do a podcast, start a blog. information sales however is a low cost to entry, most people give out information for free (check out a site called www.biggerpockets.com to confirm).
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17 May 2018 | 6 replies
Apparently the current owner bought it as part of a package deal and just kept it the same as when they purchased it, but as you could imagine paying all the bills is cutting into the cash-flow immensely.
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18 May 2018 | 6 replies
When you have several units in the market, I would also try to bundle them and try to offer as a package to the companies, those economies of scale we always talk about.BTW great job with the reposition.
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17 May 2018 | 1 reply
However, I am out of my element when it comes to leasing a commercial property.
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22 May 2018 | 8 replies
Dan made some great points, but the family element certainly makes this a unique situation.Depending on how the numbers look, there are a few ways for you to potentially structure the deal.Feel free to shoot me a PM if you’d like to chat about what’s best in this situation.Best of luck!