All Forum Posts by: Sastry Srini

Thanks! @Justin Boltz. Appreciate updating us.  

Here is what I figured out. If I go with a partner ( Joint partner) buying the STR, then my partner ( having no insurance claims for past five years on any of his properties) can get the insurance. The lenders can give loan to Joint owners as long as one of the partners have insurance on the property. Hope this helps someone who will encounter a similar situation. Thanks!

Thanks @Joseph Byrnes. Buying it on my name , not via LLC.

Hope someone can chime in.

Hello all,

I am in a contract ( inspection going on) to buy a Short Term Rental in St. Augustine, FL. I can not get insurance on that property as I have had couple of claims on my primary home in Michigan. The couple of claims on primary were roof replacement ( wind/hail damage) in 2017 and ice dam- water leak/damage in Feb 2021.  Why is that insurance agencies tie primary residence claims and refuse insurance for second home?  Any insight or suggestion to move forward. Thanks in advance. 

@Justin Boltz  Any update on your situation ? I am also in a similar situation. Please update. Thanks!

@John Voychick  thanks for sharing the info. Which property management co did you move to?  

@Greg Junge  

As mentioned previously by @Matthew Shedd , Holistic REI is the successor of Jax Investments. I have worked with Jax Investments and have brought 2 SFH - new constructions in Jacksonville (2017 and 2018) . Their new build construction company is called Southern Impression Homes and their property management company is called Suncoast Property Management LLC. I have visited their offices couple of years back and visited my properties. The experience with JAX was good. I would rate  Property Management with SunCoast has been average ( poor communication) , but they have helped to rent out the properties with 3-4 weeks turnover period.  Hope 

@Brandon Bruchhaus  I came across your post. I am considering buying a new construction in Montgomery, TX as a rental property. The zip code 77356. It is a brand new construction from Style craft builders. I see that school district has good schools . What is the rentability in that area? is it a good investment based on your understanding and first hand experience with your rental. Thanks in advance. Cheers!

Thanks @Sarah Shockley.

Would you please refer me to a reasonable insurance provider for an investment property in Jacksonville. Thanks in advance. 

@Bruce Lynn would you please give a little more details on  Forney, TX. is it a A or B or C grade location? how is the market for SFR rentals and any advice on the location.  Thanks!

Yes.. I am with Brandon on this. While good experience with Brain Scrone and property Management definitely need improvement.

property management company