All Forum Posts by: Roger Flot

 Check the website 'Furnished Finder'.  Its designed as a lead portal so you can discuss the accommodation with the landlord/host prior to booking.

This is your opportunity to lower your offer.  As has been pointed out several times, wholesalers are in the churn and burn game.  Its not a bad game to play, its just very different from the flip game.  For wholesalers, the less they have to invest, the better cause they are just moving on to their next opportunity.

As a flipper, you will be committed to delivering something that you can stand behind because guess what... you will have to stand behind anything that you do or discover along the way. If this is a winner, but could eat up another 30k, bid down 40k. Material costs are going to skyrocket in the next few weeks. Dont worry about the wholesalers, they will churn their profit anyway.  In fact, let them know you will want to do more and have them feed you future opportunities... but due diligence is a great time to get that price lowered. 

Make it happen.  Dont settle for being a nice guy your first time out.

Just came across this post and I love the creativity of thought that the OP gave it.

While reading the notes and opinions from 4 years ago, it occurred to me that near the end of his first term, President Trump contracted COVID-19 and was sick for a few days.
As a real estate investor who had covid, I wonder what his take on this strategy would be because it has been rumored that he thinks that people who follow their obligations are suckers and losers.

I guess a good question to consider when considering this as a strategy could be "WWTD."

What Would Trump Do?

Is this a YouTube script or from some presentation where someone was presenting themselves as a guru or something?

This whole post seems extremely disjointed. Your notes of 3:30-7:00 and 7:00-10:00 seem like reference to how long you have to speak on the topic, and while its great for production purposes, it really isnt necessary to include in a post on a message board. Generally, I read at a pace that is different than how someone speaks.  Copy and Paste is great, but proofreading is fundamental.

The first line on your post states "the election is over." Then after point 3, you say "If Trump wins".  You reference future events that have already occurred. Speculaion is challenging, but sometimes hindsight can be 20/20. Once again, proofreading is helpful to avoiding these time lapse mistakes that make your post sound out of touch.

Finally, I hope all you say about the opportunities that will occur with Trump work out for you and your plans to score big here, but is there a "subscribe" button that I am missing from your final comment?  Since you are showing EXACTLY how to play this game, it seems you would include terminology that would point me EXACTLY to the call to action that you are trying to market.

I'm probably missing something here.

 your use of CAPS on the word FULLY is helpful.  I guess one should always consider that the rate is always based on FULL loss and FULL replacement, so I guess there's no harm in asking, though your results may not be as advantageous as a layman might consider.

Thanks all for your input.  I think its all helpful.  As noted, it wasnt something that I had considered before.

 Thanks for explaining this further.

 I guess from an "all things being equal" framework, what are the variety of reasons that an older home are more expensive to insure than newer homes?

I was reviewing some renovated listings in my area and one indicated that even though the house was originally built in 1920, because of all the renovations bringing the house to current code, that you could get 2024 rates on insurance.  I imagined that to mean that a 1920 home with no renovations would cost more to insure than one updated to 2024 specifications.

Is this something that is just "known" to flippers/renovators and I am just coming across it?

Does anyone know how insurance companies evaluate these properties and whether or not real value can be realized for insurance for renovation?  Are there any guidelines or best practices (ie: rewiring such a property would be more valuable than updating insulation).

Is it something you need to ask the insurance company about to get, or is all this determined in the initial interview with the potential insurer?

Steadily wrote a policy for me with these features on a Builders Risk policy.  I was required to pay the entire year in advance but When I cancel, they prorate and refund.