All Forum Posts by: Robert Crozier

Welcome Brandon to BP, best of luck to you

Welcome Michael, I'm just around the corner from you in Mount Airy. I am also new to this forum and am finding out there is a lot of good information and also good and welcoming folks here at BP.

Much success to you

Welcome to BP

Mike

I am new to this as well, i have noticed that REIA meetings are a great way to network, look into those. Welcome and best of luck to you

Best Robert

welcome Whitney, good luck

Thanks Jamal

Everyone,

Thanks for the advice and suggestions, insurance is one of those things everyone hates but you have to have it and you feel its a waste of money until something happens and then its a relief. Luckily my back ground is construction and have been negotiating contracts, SOW and COI for the past 25 years and have learned some things the hard way.

I have a few calls into agents and sounds like there are a few policies needed depending on the stage your in. Thanks again for your help

please feel free to reach out to me if there is anything i can do to help

Thanks everyone for the welcoming. I look forward to the discussions, relationships and sharing knowledge.

All

We have a contract on our first home to start flipping, (exciting) from asking around we have received different answers to our question, "what insurance should we carry for flipping homes".

We have received the following, Builders Risk, Liability, Home owners and few others, should we carry one, all or a combination. There is probably no one right answer based on location, risk, lender etc. but what's the opinion of the minimum required?

My gut says Builders risk and liability, then gather certificates for anyone working on the project. Second part is for how long should you carry after the sale or are you relieved of any risk once its sold?

Thoughts?

Best,

Robert

Hello

My name is Robert Crozier, my son Jeffrey and I have been talking about getting into real estate for sometime now. Our focus is on fix and Flips and hold and rent, over the last 6 months we have started to get more serious about it.

My background is construction, for the past 33 years I have worked in Residential new build & renovations, Commercial & hotel renovations. I had also owned my own business in residential construction and fire & water restoration.

Married 28 years with 4 kids, 4 grandchildren and 2 Golden's "Bob & Marley"

I am looking forward to using this community to broaden my knowledge in the industry and obtaining our goals (which our still in progress). Even though I am new to this hopefully with my background I am able to offer / help folks as well.

Best  to all,

Robert