Unless you use a local professional familiar with the market, who you trust, best way to know a good deal is to study the market.

That growth is unevenChase JordanFri, January 24, 2025  The ever-growing Charlotte region is home to 3 million people, but the population is projected to swell by more than 50% over the next 25 years, according to local researchers.By 2050, some 4.6 million people will be living in Mecklenburg County and surrounding areas, the Charlotte Regional Business Alliance said in a report released Thursday.

I have seen REI Hub recommended on here, but I am unsure of their ability to work with local banks, so if anyone has any experience they can speak of that would be greatly appreciated.  

Please advise.ThanksMel I'd recommend a local Independent Agency that has access to multiple markets including surplus lines

@Kyle TrotmanI would suggest speaking to local banks, and credit unions.

Build a strong team, prioritize cash flow, and take the time to understand the local market and regulations, especially for development projects.

I would recommend that you get out to local meetup events, as that is where you will make the really deep connections to help you get rolling. 

Local real estate broker How did you finance this deal?

Right now there's huge concentration, but as this continues to build out and we see north of the high 30s GW by 10 years from now it'll be almost a requirement to keep some type of locality based risk assessment and to diversify. 

I am going to see if I can switch to a local Wisconsin insurance that reflects our local risk level in their premiums.Many of the homes in the Pacific Palisades are 3-5 million, but when you look on Google Street View, most are very modest homes from the 1960s (there are some $20m ultra luxury mansions too), so a lot is the land value, the home replacement value on a 1600sqft may be what - 500k at the most?