Nathan Gesner
Have you ever used your umbrella insurance policy?
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.
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
In our company we basically use the cloud based expense reporting software that takes care of the accounts, invoicing and billing in a precised and significant manner.
Roy Gottesdiener
Pulling out equity will kill my cash flow but I want to grow my portfolio
31 December 2024 | 9 replies
While this may be risky in other ways, you'd be able to continue to grow your portfolio without taking as much equity from your income producing properties and possibly sustain your continued cash flow with them.
Gaetano Citera
New construction: Pre Fab or Stick Built
25 December 2024 | 4 replies
I've head from others who went this route and had to pay before delivery which caused strain on capital because they couldn't complete draws in the same manner as stick built construction.
Marshall Robins
Creating Multi-family or Splitting lots for returns in California - SB 9
26 December 2024 | 3 replies
For investors, this creates a sustained demand for newly built duplexes and units, whether for rent or sale.7.
Dan Thomas
Airbnb claim process
4 January 2025 | 19 replies
While I use it primarily for noise concerns (it alerts me for sustained +80 decibels), it's also handy for cigarette smoke and tracking temperatures (in addition to our Ecobee thermostat)- sensors on all exterior doors and possibly windows (which you might have via smart locks for the doors)- exterior camsA recent guest for reasons only known to them set the thermostat to cool and 60F in the winter (where it's currently a balmy 11F).
Eric Fernwood
December Las Vegas Rental Market Update
23 December 2024 | 0 replies
Financial freedom goes beyond simply replacing your current income—it's about sustaining your lifestyle for life.
Chris Kittle
Wyoming LLC Set-Up and Recommendations
30 December 2024 | 10 replies
You've probably heard of big Landlords losing property, but only because they were flagrantly violating Fair Housing, running a slum, or otherwise violating the law in an egregious manner.
Chris Burke
Calculating Square Footage - Office Above Detached Garage
20 December 2024 | 3 replies
The definition of “livable” or “finished” space can be surprisingly specific.In many markets, including here in Arizona, appraisers and agents generally want the space to be finished in a manner consistant with the rest of the home and serviced by a more permanent heating and cooling source.
Melanie P.
WARNING - Justin Goodin is Operating as Goodin Development
21 January 2025 | 16 replies
So this person went from raising $10M+ and owning 100+ units to really just being an investor. ya my point was the OP bedside manner.. and maybe he just got super defensive..