All Forum Posts by: Trent Kruessel

I recommend and use Voepel Property Management.  No complaints.  DM me if you'd like a few examples of how they've handled issues or how their processes work. 

@Reggie Grotewiel

@Cliff T. I can't access the spreadsheet you linked to and I'm in the same scenario you were talking about 2 years ago. Could you send me or re-link that spreadsheet and let me know how the HELOC strategy played out for you?
Thanks,

Trent

Colin Stoner is a very good RE attorney and resource.  He's in Lenexa or OP but he's very good at taking the time to explain rules and reasons especially dealing with contracts.  DM me for contact info.

@David Cox I recently used Mid America Bank out of Baldwin City, KS to finance a rental I have in KCMO.  It was a portfolio loan and I spoke with Gunnar Hays and Kyle Carey. Message me if you have further questions.

@Griffin D.  I don't have experience with your listed PM companies but I can only offer what I've done.  I have my handful of rentals managed by Voepel Property Management.  They've been great and always answer your calls.  I'm not affiliated with them, I'm just a satisfied customer.

Good stuff @Kim Tucker

So in this post, all of these companies have been mentioned:

• NREIG
• Arcana
• American Modern
• State Farm
• Shelter
• Liberty Mutual
• USAA

Has any Kansas City investor had experience with other companies or specific agents?  Farmers, Berkshire Hathaway, Safeco, etc.

It seems like what makes a “good insurance company “ is a balance of how low the premiums are and how fairly they process claims.  

@Lee Ripma Have you filed any insurance claims with NREIG?  And what has turned you off about Shelter?  You can DM me if you would rather not post — up to you

Thank you to everyone for posting. This is great info/insight. 

@Michael B. Is your insurance company a national one. I’d be interested in checking with them about KC properties if you recommend them. 

I have a handful of single family rental properties in Kansas City.  I was reviewing my monthly expenses with @Ian Reeves the other day and he mentioned that my insurance premium is way too high.  I called my insurance broker and he said it doesn't make sense to get a different policy with lower premiums until I have X number of properties.  He also said the more expensive policy is with a company that is friendlier when processing claims.

Does anyone have recommendations for companies with competitive insurance rates?  Is there a Rule of Thumb about owning a certain number of properties before you get a lower insurance premium?