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15 January 2025 | 11 replies
This location is in a 1mm population metro area, 230 units, and cost is about $1,800,000 all in.Limits of Insurance: Coverage:Liability and Medical Expenses$2,000,000/$4,000,000 Occurrence/Aggregate Comprehensive Business Liability$2,000,000 Any One Person Personal & Advertising Injury$4,000,000 Aggregate Products Completed Operations Aggregate$2,000,000 Any One Fire Fire Damage$25,000 Occurrence Customers' Goods Legal Liability Deductible: $0$25,000 Aggregate Sale and Disposal Liability Deductible: $1,000$10,000 Any One Person Medical Payments $1,000,000 Occurrence Hired Non-Owned$300,000 Each Employee Employee Benefits Liability$25,000/$25,000 Per Claim/Aggregate Employment Practices LiabilityLoc Class Desc Coverage Limit Ded Valuation Type 1 Self-StorageBlanket Building & Business Personal Replacement Cost Property $2,100,000 $25,000Earthquake IncludedSinkhole IncludedWindstorm or Hail Included 5%Business Income Actual Loss Sustained 24 MonthsPollution Clean-Up & Removal $100,000Employee Dishonesty $15,000Money & Securities - Inside $10,000Money & Securities - Outside $5,000Accounts Receivable $25,000Electronic Data $20,000Valuable Papers & Records $25,000Fine Arts $10,000Employee Personal Property $10,000Limited Pollutant Removal $25,000/$100,000Cosmetic Loss Limitation IncludedEquipment Breakdown Protection IncludedPremium, Fees, and Taxes: BOP Premium: $ 7,760.00Optional Terrorism Premium: $ 31.00Total Premium: $ 7,791.00Key notes:a.
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4 January 2025 | 19 replies
I don't see the value there....paying a plumber to come re-iterate common sense.
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13 January 2025 | 12 replies
When I said size doesn't matter as much I meant for STR you don't need massive rooms, larger common areas, etc.If you went MTR you might go further away from RTP and go for higher bedroom count, for less appreciation on average.NOTHING about this post is gospel.
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16 January 2025 | 78 replies
Hey brother, if somebody else posted all of that their post might be taken down for advertisement
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22 January 2025 | 22 replies
This is a common mistake so many people make is not having enough dishware and flatware to accommodate a full load of people.
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14 January 2025 | 10 replies
I’m happy to guide you through the process, share some success stories, and help you avoid common rookie mistakes.
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15 January 2025 | 15 replies
This is a very common way for people to investing using their retirement accounts.
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8 January 2025 | 38 replies
While it’s common for PMs to switch utilities to avoid service interruptions, the mistake was not monitoring the usage or cutting power to unnecessary areas once the tenant overstayed.
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24 January 2025 | 42 replies
All that is required is 4 weeks advertising in the local paper then call the sale on the courthouse steps the following month's first Tuesday.
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9 January 2025 | 5 replies
Cost $500 per mailing and my timeI paid to have 10,000 post card mailers sent out by a company, took a month for them to go out after they designed and submitted the order - 5 unproductive calls - Cost (Too embarrassing to mention) Didn't receive feedback which address were no goodI paid to have advertising inserts I designed into the weekly coupon mailer.