All Forum Posts by: Ryan Ingram

Cleveland Investors, an insurance carrier just announced that they are taking substantial rate reductions for landlord insurance in the areas of suburban Cleveland. While price most certainly isn't the most important part of any insurance policy, a reduction in price for the same coverage is always great news! 

With one of the companies I represent, Suburban Territories in Greater Cleveland were redefined, resulting in overall rate reductions of up to 30%, depending on the risk, coverage form and the territory. You can also schedule up to 10 properties on a single dwelling policy, and easily change occupancy from vacant to tenant-occupied without the need of a cancel/rewrite.

Here are some examples: 

If you're interested in checking to see if you can get the same or better coverage for a better rate, send me an e-mail, I'd be happy to check it out!

Hey @Nalin Shawn Wijeratne, 

Great question. Homeowners policies are written for owner occupied properties. Since you'll be moving out on 08/01, you'll want to switch that to a dwelling fire policy or a "landlord policy." 

I'm not sure about the laws part but insurance companies don't take kindly to homeowners policies on non owner occupied properties; you will potentially run the risk of a claim not being covered. But...I'd reach out to your agent to find out for sure. 

Hey @Teddy Black great work!

The first property is always the hardest to pull the trigger on! Congrats, I'm really pumped for you. 

I'm biased, because I am an independent insurance agent; however, I'd highly recommend that you look for a local independent insurance agent. They will be able to provide quotes for several different companies. It also makes it easier if the price increases dramatically, the independent agent will be able to shop it around for you. 

Let me know if you have any questions, I'd be happy to help!

Hey @Warren West, I’d highly recommend reaching out to a local independent insurance agent. They will be able to quote the property with several different companies and get the best coverage for the best price. 

Thanks @Chad Anderson be sure to let me know what you think and where I may improve!

Hey @Eric H.! 

Thanks for investing in the Dayton market. I may be a bit biased because I currently live in Dayton and all of my properties are here as well, but I don’t think you can beat this market!

I’d highly recommend both Deb White with Roost Real Estate and also Christina Carey with Outside the Box Realty.

Let me know if you have any other questions about the Dayton area, I’d be more than happy to share my resources.

@Justin Sloan sounds good to me! Let me know a few times that work for you, and I’d love to!

@Sonia Virtue no worries at all! It is right around the corner of a few of my properties and I was already headed that way to check on mine and take a few pictures of other clients properties :) 

I've got some pictures and videos, if you wouldn't mind sending me a PM with your e-mail...I'll get these sent over to you!

Congrats on making the decision to invest! Absolutely nothing beats financial freedom and being able to work because you want to, not because you have to. Real estate is definitely a great way to achieve this.

I’m in the Dayton area and so are all of my properties. I’d be happy to connect and tell you everything I know or share any resources I may have with you.

Also, thanks for what you do in trucking! Pretty much the backbone of all industries!

Hey @Sonia Virtue, I’d be more than happy to do the same. I’ve actually got a list of 6 properties to swing by and take pictures of already...from Trotwood down to Miamisburg. So, let me know if you’d like some help.