All Forum Posts by: Kyle Mccaw

@Austin Bright Goosehead has a reputation. Texas insurance is crazy right now. You need to reach out to @Cameron Moore. He is an insurance broker that handles my clients and my investment properties. 

@Aruna Ravichandran affordablehousing.com should be more than enough to get you section 8 applications. You need to understand that it is true that the housing authority pays more in some zip codes. But they pay based off rental comps. So if they pay more it is not that they pay over market rate. So I'm not sure why you would chase after lower qualified tenants only to make the same rental rate? This is coming from 15 yrs of experience managing rentals in DFW, many of them section 8.

While a high limit of $500k or $600k might seem sufficient, there are situations where these amounts can fall short. For instance, if someone dies on your property, that $500k limit may not be enough to cover the associated liabilities.

In another scenario that I personally experienced, a property caught fire and damaged neighboring properties, including mine. The owner’s $500k liability coverage wouldn’t have been adequate to address all the damages.

An umbrella policy, often costing just a few hundred dollars, can provide an extra layer of protection and peace of mind by covering liabilities beyond your primary policy limits. It’s a worthwhile investment to safeguard both your assets and your financial future.

 If someone dies in a property 500k won't look like a high limit anymore. Another scenerio that effected me once was when a property caught on fire and damaged my property next door and others. $500k would not have covered that owners liability in the situation.

@Max Suarez I think there needs to be more clarification on why you want to do this. I'm sure you have some specific reasoning and that may help direct you to the answer.

@Avi Zarbavel your tenant needs to apply for section 8. 

Here in Dallas Fort Worth section 8 pays market rent. They do not pay a premium. Sometimes people think they will based on the calculation on the voucher. HUD uses rental comps when approving the lease amount.

@Jacob Joseph just start. Make sure it is clear you're a interested in buying their house ASAP with your phone number very easy to see. Go Printing dot com has been my vendor of choice. 

@Logan M. you are correct. I was soo nuervous to ever leave town for years. Once I build an amazing team, it became easy to leave. In fact, every time I leave town I come back to a larger business.

Side note, I leave for a month in Europe. I'll take a cell phone but no computer.

@Dawn Birch why call people that specifically placed themselves on the DNC? 

There are so many other people to call that are ready to do business with you. And you won't get fined for calling them.

Are there a lot of bad landlords in Portland? 

You don't need the actual receipt for the smoke alarms. Your manager documented everything in your statement.