All Forum Posts by: Kevin Hart

@Phil Clark congrats on making the decision to get moving. The first one is always the hardest. Are you familiar with Louisville? what part of town is that 4-plex, 195k is fairly cheap. Also, if you have nothing to invest, i would try to start wholesaling in your area to raise some funds. 

happy to answer any Louisville related questions though

that state farm office must not have understood what you were doing. If you are living in one of the units it should be a homeowners policy. The quote should look much more similar to the one you got from USAA. when we quote homes, it gives us an option to select it as a duplex. 

i agree with the 1,000,000 of liability coverage. and always have your tenants have their own renter's insurance to cover THEIR belongings. 

@Steve Armstrong nick borders with borders home inspection

@Steve Armstrong Brandon turner's book on managing rental property has a good section about marketing to certain groups without breaking discrimination laws. to find more college students, using phrases like "close to campus" "short walk to entertainment", "on campus bus route", etc. should help make your listing stick out to college students

Hey @Troy Cole , welcome to BP. you are in the right place to learn! start networking and reading and you'll learn a ton very quickly

looks great! @Jason James I am in the middle of my first flip. Hoping to have the same success

welcome @Michael Tucker im here in Louisville. there are tons of Kentucky investors to connect with here

@Dave Raymond Hey Dave, I would be happy to grab some coffee with your son. Is he on biggerpockets as well?

@Anthony Gjolaj

Yes there are tons of State Farm offices in Florida

@Anthony Gjolaj

A renters insurance policy gives the tenant their own liability coverage. Most large apartment complexes require at least 300k of liability coverage.

It benefits you as the landlord because if their dog bites someone, they can handle it through their own policy not yours. It takes a lot of liability off of you as the landlord.