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28 December 2024 | 3 replies
It’s a good idea to speak directly with an insurance agent who understands multi-unit properties to customize coverage for your specific situation.
27 December 2024 | 3 replies
Our actual carriers used to be Secura, but they seem to be getting out of a lot of insurance lines or pricing so high as to have customers drop off, and we just moved policies in Nov. to Hanover Insurance.
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31 December 2024 | 14 replies
Bob is very good on the customer support and that being said... they are the only company other than myself that I have invested with basically EVER... as I do my own deals.But I had money stacking up in my SDRA and of course I can't self deal.. so I chose one of his new investments which is more akin to what I like.. quicker turn and high IRR...
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29 December 2024 | 13 replies
Are these sub-to deals?
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5 January 2025 | 17 replies
I’d suggest starting there, or if you’re comfortable with Excel or Google Sheets, customizing a simple flip analysis template yourself.Final Thought:Since this is your first flip, starting with a modest project can help you learn the ropes without risking too much capital.
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26 December 2024 | 2 replies
That's it, but a) print out a page for each property you think is comparable, b) make the list of repairs long and inclusive of everything you've done. c) Put larger items first like kitchen remodel......and don't just say 'kitchen remodel', list things like 'custom backsplash tile/Bosch appliances/recessed can lighting/pot filler/etc. d) Cite the price/value of the work done, and don't be afraid to be generous.
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29 January 2025 | 107 replies
Yep, adding a bathroom doesn't really add much value or rent for that fact to a sub $100,000 property.Maybe slightly.10 years ago they where giving away empty lot's just not to pay annual property taxes on them.Nowadays they are listed for between $5,000 - $10,000 but still worthless in my opinion.Thanks
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28 December 2024 | 8 replies
He was bashed in the face with a big Dewalt drill.I had bought him from one of my subs.
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29 December 2024 | 9 replies
So far I am basing it on customer service.
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4 January 2025 | 26 replies
I agree with everything said in this post, it is a hospitality business and superlative customer service is a must.