FYI to everybody! I met with my insurance agent the other day, and he reminded me that since the value of each of my properties has risen substantially the past few years, my coverage for substantial property damage i...
Hi All,I'm curious to find out who all is familiar with what a public adjuster is or if you have worked with one? If you have worked with a public adjuster in the past, what was your experience like? Did you find the ...
Appreciate BP assistance on a problem. New investor/first property. House was REO and winterized. We had plumber come out to turn on furnace for first time. He shared that the flame was orange, indicating furnace not ...
Is adjusting comps by VALUE OF EACH characteristic of a property just a rule of thumb or is this a method everyone should use for they’re ARV? I’m sure there are other methods.
How do y'all determine your comp adjustments... how do you determine how much a bedroom or bathroom is worth?
Hello BP community,
Had a large fire at my complex and dealing with insurance for the first time. Getting lots of advice and input, but still a searching for the right answers. To start off, I need advice on:
1) Pub...
Is there video I can watch of how to calculate ARV adjustments for any market?Ive been having hard time figuring out by how much to adjust the comps up or down.Does anyone have a step by step guide how to calculate AR...
What would the appropriate adjustment be when calculating the cost of your subject property when the comps have:+/- bedrooms+/- garage (detached)My market will be in the NJ area. Thx.
Curious how you all engage with insurance adjusters directly vs. talking with ALE reps. I have a few adjusters that I work with and feel the process is slightly different. The claim amount is typically the same/more, ...
I have two mortgages that will adjust in March 2024 and one more in March of 2025.
I'm thinking of waiting until closer to the adjustment date to pull the trigger.
Option 1 - Full refinance cons-- expensive and high...