All Forum Posts by: Derrick Brusseau

@Chris Bodkin Hey sorry Chris just seeing this. Sort of forgot about them, looks like my property was "approved" with them but that's the last I've heard from them and this was last December. What did you end up doing?

@Andrew Steffens Do you know what the law is for this in Florida? I was thinking of instituting a similar range but my house is well insulated so would maybe keep it from 70-80

Am I missing something? That would true if it were a stock investment. Are you including the cost of servicing the debt, taxes, insurance, maintenance? Those are all cash outlays. It's not a $100k investment after 10 years.

@Zachary Deal Thanks for the sanity check. Seems to be the conclusion I was coming to as well.

Hi all, I tried searching for this but couldn't find anything so I thought I'd make a post about it. 

I recently created my VRBO listing and I received this message:

Hi there, I hope this message finds you well. My name is Caren, and I’m reaching out to introduce you to SiniSTAR, a unique platform that’s opening doors to a new income opportunity: the mid-term insurance housing sector. If you’ve been previously contacted by one of my colleagues on this platform, kindly disregard this message. SiniSTAR is a unique platform dedicated to connecting property owners like you with displaced policyholders in need of temporary housing due to unfortunate events such as fires or floods. We are a thriving community of hosts committed to providing safe and comfortable haven for individuals and families facing unexpected challenges. Though we are very well established in Canada, we are looking to expand our services in the USA. I stumbled upon your listing(s) and thought you would be a great fit for our community of hosts in Florida ! We understand your time is valuable. That’s why we offer a convenient service where our dedicated team can set up your host account for you. Feel free to look us up online and explore the article about us featured in the Canadian Underwriter. Looking forward to hearing from you, Caren

Has anyone had any experience with this company? Certainly sounds like it could be scam worthy, but when I looked on their website it seemed well done. Any thoughts on this?

Following along as well

I have my primary in Jacksonville but have been considering testing the temperature of the MTR market. I think it has some positive attributes but pricing seems to be a bit all over the place when I look at other listings.

@Cory Yoviene Happy to chat to share any ideas I've had

@Bill Rapp

@KC Pake 

Thanks for the answers gents this was helpful!

Hello all,

On my primary residence I have a home owners policy through Kin Insurance. I work remotely so was considering leaving for certain holidays or even a few months at a time and trying my luck to see what sort of bites I could get on Airbnb, Furnished Finders, etc. so I gave Kin a call to see what I would need to do in order to be compliant and they told me my current policy would extend to tenants. 

Does that make sense to anyone? This is my first home and would be my first time renting so maybe I'm not asking the right questions, but I assumed I would need some sort of rider policy or something to be covered in case "x" happens to "y" tenant while I'm not living there. They said just to call them to let them know how many times and for how long I expect to rent it out, and bam my coverage would include tenants. I have my suspicions though, so wanted to throw this out there to anyone who may be more knowledgeable.

Many thanks