Meng W.
An outsider but great place to invest
30 June 2015 | 6 replies
But then you'd run into people who might assume you work at one of the casinos. ;-)Bottom line: make it happen!
Eric Lee Nation
What Could Be Done Better
8 November 2021 | 11 replies
@Eric Lee Nation I did ins claims in another life for 14 years - I do not recommend that EVER as someone's employment but I did learn a few things.Here's 2 things agents or no one will tell you -- your Replacement value (RV) on the house is JUICED up way higher than what's realistic -- however you have a relatively inexpensive house so it's not much of an issue - but typically the reason they juice the RV is to get your wind/hail deductible higher -- typically 1%, 2%, 3%, 5% of RV is what your wind/hail deductible will be even if you had a $1k or whatever other deductible they offer for any other peril -- so follow me for a minute - you bought a rental for $150k -- they've juiced the replacement cost to $250k the most likely loss in KS or the midwest in general is going to be wind/hail --- the math actuarial nerds do this so the casino or the ins company in this case has the upper hand -- do the math what a 2% or 3% deductible on a $250k house will be -- I have a commercial building insd for over a million -- the lowest wind/hail ded they will give me is 5% -- the only reason I have ins at this point is I'm required to -- the wind hail coverage is worthless to me with as high as the deductible is.Anyways with that out of the way - ask your agent if you have a 3% option - at that RCV cost they figured of $99k that wouldnt be much different than the $2500 all perils coverage you have now -- Also I'd wager as someone mentioned dropping the med payments to others coverage -- it probably wont make a bit of difference in your policy cost -- I could be wrong - but I'd guess $25-50 dollars a year -- your coverage is the price it is due to the perceived wind/hail risk the company is putting on KS.I'm with Big Red and have been for a # of years -- your price to insure that house is on par with what I get from them for that replacement cost -- though i think State Farms game is a bit different they really jack up the Replacement cost so I have higher wind/hail deductibles -- I'd make out good if the house burnt down or a tornado destroyed it - but for a hail claim there wouldnt be much there.
Tom Ford
What to do with my former tenants debts?
31 October 2021 | 1 reply
I know, it’s rude of me to do such a thing, but had no better idea what to do.Well, the thing is that the guy owes to his bank thousands of dollars as he kept depositing money to various online casinos.
James Colgan
Sunny Isle STR - Looking for advice and info!
19 July 2021 | 2 replies
Just minutes away you have Gulfstream Casino, the racetrack, and Aventura Shopping Mall.
Krista Burke
New Member from NWI
27 May 2021 | 8 replies
Are you planning to do BRRRR-nb near the casino’s?
Isaac Gwin
Worried I won’t be able to get in the market
5 June 2021 | 63 replies
Go to the casino and watch roulette.
Kevin Jung
Is this a good investment? Hold & Rent strategy help; Hard Money.
19 July 2021 | 8 replies
Lots of vacation rentals, casinos, and a military base nearby.Listed: 140K, Offered 140K (in my name as of now).
Kiko Mattoso
Poconos PA X Sullivan County NY
12 September 2021 | 6 replies
Nearby Attractions - for example there is a cluster with a Casino, Waterparks, Outlets and skiing all within about 15 minutes.Your price range will definitely work for the Poconos areas, just depends on what you're looking for.
Sean Gibson
Rookie Investor Strategy Evaluation
29 September 2021 | 7 replies
It's all a gamble but I like my odds in real-estate and not with the casino.
Tom Ford
Renting on a monthly basis?
1 October 2021 | 3 replies
He paid someone to print stuff like this https://www.gamblingafrica.com/indepth/history-of-online-casino-gambling.asp on a fancy paper and made a booklet out of it.