All Forum Posts by: Sastry Srini
Sastry Srini has started 16 posts and replied 108 times.
Post: Can't get insurance for second home in Florida built in 1940

- Canton, MI
- Posts 112
- Votes 47
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!
Post: Can't get insurance for second home (STR) in Florida.. any help

- Canton, MI
- Posts 112
- Votes 47
Thanks @Joseph Byrnes. Buying it on my name , not via LLC.
Hope someone can chime in.
Post: Can't get insurance for second home (STR) in Florida.. any help

- Canton, MI
- Posts 112
- Votes 47
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.
Post: Can't get insurance for second home in Florida built in 1940

- Canton, MI
- Posts 112
- Votes 47
@Justin Boltz Any update on your situation ? I am also in a similar situation. Please update. Thanks!
Post: Do not use Suncoast Property Management in Jacksonville

- Canton, MI
- Posts 112
- Votes 47
@John Voychick thanks for sharing the info. Which property management co did you move to?
Post: Holistic REI - Jacksonville, FL - Turnkey Company

- Canton, MI
- Posts 112
- Votes 47
@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
Post: New Member from Montgomery TX

- Canton, MI
- Posts 112
- Votes 47
@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!
Post: Insurance and Property taxes in Jacksonville

- Canton, MI
- Posts 112
- Votes 47
Thanks @Sarah Shockley.
Would you please refer me to a reasonable insurance provider for an investment property in Jacksonville. Thanks in advance.
Post: Princeton Tx, Forney Tx, Mesquite, Little Elm for new SFM rentals

- Canton, MI
- Posts 112
- Votes 47
@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!
Post: Anyone has experience w/ Jax Wealth Investment (Jacksnville, FL)?

- Canton, MI
- Posts 112
- Votes 47
Originally posted by @Brandon H.:
For additional information, the company used to be called "Jax Investments". They also appear to run a related business called "Holistic REI" or "Holistic Investments". They all are pretty much the same company it seems. I had a good experience working with Brian Scrone and his team. My complaints primarily center around the property management company they recommend (Suncoast) who are, at best, marginal. Obviously, Suncoast is a different company with different people so I cannot fault Jax Investments for this.
Yes.. I am with Brandon on this. While good experience with Brain Scrone and property Management definitely need improvement.
property management company