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All Forum Posts by: Kevin Koone

Kevin Koone has started 7 posts and replied 119 times.

Post: Having trouble finding info on a vacant house

Kevin KoonePosted
  • Insurance Agent
  • Maumelle, AR
  • Posts 121
  • Votes 40

There is a home next to a family member that's been vacant for 3+ years. I knew the owners so I've reached to both(they've split) through Facebook and have sent a letter to the address just see if anyone would answer.  No luck so far.  A realtor friend has looked it up and it has not been foreclosed.  Any ideas for me on how to figure out a way to buy this property?

Thanks

Post: How to find lots to build small multifamily?

Kevin KoonePosted
  • Insurance Agent
  • Maumelle, AR
  • Posts 121
  • Votes 40

What's the best way to find correctly zoned land to build a small multifamily to house-hack and start there?

Post: Private Money buyout Ideas

Kevin KoonePosted
  • Insurance Agent
  • Maumelle, AR
  • Posts 121
  • Votes 40

Been looking for a long time and I have the opportunity to get into a deal where the current owner will "owner finance" 80% and I have a connection willing to help me with the other 20% as a "private lender".  

What are some of the normal payoff arrangements for private money lenders?

Post: Insurance for Residential Assisted Living Facility

Kevin KoonePosted
  • Insurance Agent
  • Maumelle, AR
  • Posts 121
  • Votes 40

I agree with Ryan here.  Your Homeowners policy is not set up for that situation.  Been through that here.  Let me know if you need any help.

Post: REI friendly Insurance Company in the Little Rock area?

Kevin KoonePosted
  • Insurance Agent
  • Maumelle, AR
  • Posts 121
  • Votes 40

I'm an agent in LR.  Let me know if I can help you.

Post: Lending in Little Rock, Arkansas

Kevin KoonePosted
  • Insurance Agent
  • Maumelle, AR
  • Posts 121
  • Votes 40

Necia, sent you an email.

Post: Realtor needed in Conway, Arkansas

Kevin KoonePosted
  • Insurance Agent
  • Maumelle, AR
  • Posts 121
  • Votes 40

Conway is very interesting, 4 colleges and some solid businesses there that employ a lot of people, but there is a good bit of Student Housing and there seems to be more all the time.

Post: Hazard Ins. In Little Rock, Arkansas

Kevin KoonePosted
  • Insurance Agent
  • Maumelle, AR
  • Posts 121
  • Votes 40

Necia,

It all depends on what kind of values your looking for and things like the roof, etc.  Arkansas from what I hear is typically on the high side of property insurance mostly due to wind/hail risk.  If you need help send me a message and I'll be glad to look at them for you.

Post: property insurance

Kevin KoonePosted
  • Insurance Agent
  • Maumelle, AR
  • Posts 121
  • Votes 40

How old is the MH?

Post: Valuating a Park?

Kevin KoonePosted
  • Insurance Agent
  • Maumelle, AR
  • Posts 121
  • Votes 40

Jeffrey H, Thank you for the comments.  Definitely more to think about here.  Is the problem that such a big number is owned by family?  If they were all owned separately would it raise such a flag with you?  Thanks for the info I really appreciate it.