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All Forum Posts by: Andrew Bosco

Andrew Bosco has started 62 posts and replied 332 times.

Post: ALE Partner - What I've learned!

Andrew Bosco
Posted
  • Rental Property Investor
  • New Hampshire
  • Posts 339
  • Votes 334
Quote from @Zachary Deal:

Thanks Andrew this is very helpful! Curious on your second point - do you have any recommendations for people trying to connect with ALE and build a relationship with a rep?


 submit your housing requests and just keep building that relationship. Took me 2 years - now it has paid off. 

Post: Turnkey Properties Worth it & why?

Andrew Bosco
Posted
  • Rental Property Investor
  • New Hampshire
  • Posts 339
  • Votes 334

I like turnkey for house hacking. To live rent reduced, net 0 or potentially cash flowing positive is attractive so I can focus on other things. You will pay a premium, but stabilization is good. For some, stabilizing a property and learning the rental path can be difficult in tandem, so for house hackers I say go turn key. Turn key also works for investors that are absentee if their goal is to park money/defer on taxes. It just depends on your strategy. 

Post: ALE Partner - What I've learned!

Andrew Bosco
Posted
  • Rental Property Investor
  • New Hampshire
  • Posts 339
  • Votes 334

Hey all! 

There is a ton of buzz about being an ALE Partner. I've helped place roughly 10 claimants internally and brokered a few others. Here's somethings to know; 

1. Most claims are in rural areas in my experience

2. It's an ALE rep relationship game that takes months to contact

3. Around 30% of the claims fall through due to financing or claimants decisions 

4. It's all about networking with local PMs and having a large basis to pull from. 

5. Most claimants are in very tough situations. It's a hospitality gig. You need to be sensitive and empathic when dealing with others who go through trauma. 

Post: Caps on Utility Bills for MTR Guests?

Andrew Bosco
Posted
  • Rental Property Investor
  • New Hampshire
  • Posts 339
  • Votes 334

I just include language in the lease about utility usage and cap. I look at what the average is for an LTR and make sure it is known. I also have a no windows open clause while heat runs. 

Post: Insurance for multiple properties

Andrew Bosco
Posted
  • Rental Property Investor
  • New Hampshire
  • Posts 339
  • Votes 334

I have found working with regional/smaller - more sophisticated insurance brokers - I can make a more custom umbrella policy for this very reason! Prime Insurance in MA has been great to me. 

Post: MTR Advice for newbies

Andrew Bosco
Posted
  • Rental Property Investor
  • New Hampshire
  • Posts 339
  • Votes 334
Quote from @Mindy Nicol:

I am hosting my first MTR guest now and new at this.  I would love to hear from anyone who has done this for a while and would be willing to share tips. I run a monthly webinar for investors and this is our next topic!  It is not just Florida as they live all over the country.  I am reading the 30 Day Stay as well and it is full of tips which I am grateful for.  Thanks in advance.  Love this community! Mindy

hey there. I give this out for free. check the forums for helpful info :)

https://docs.google.com/presentation/d/1qCD_XIgmg-2BGGzsDbWq...

Post: Anyone have any luck with Furnishedfinder?

Andrew Bosco
Posted
  • Rental Property Investor
  • New Hampshire
  • Posts 339
  • Votes 334

@Jamie Banks has the best answer. Max out exposure and get it on other platforms. You can go the extra mile by building local relationships with employers. 

Post: Insurance Adjusters conversations.

Andrew Bosco
Posted
  • Rental Property Investor
  • New Hampshire
  • Posts 339
  • Votes 334

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, but takeaway is better for both sides. Figured I would ask how everyone teeters on that line!

Post: Key Check/Furnished Finder experience

Andrew Bosco
Posted
  • Rental Property Investor
  • New Hampshire
  • Posts 339
  • Votes 334

I agree with Bonnie! Baseline is solid. I also use Transunion/apartments.com for banking needs as well. Just comes down to the UI that you enjoy! 

Post: ALE Preferred Partners

Andrew Bosco
Posted
  • Rental Property Investor
  • New Hampshire
  • Posts 339
  • Votes 334

Anyone else a preferred partner with ALE? Trying to catch up with others who are in the same space!