You do not have to furnish your homes for insurance! They provide the furniture and even the appliances and still pay 35% more than the regular rent. One thing make sure you get all the reports from the tenants as insurance typically pays but you sign the lease with the tenant and you may end up needing to evict if they stay beyond the time the insurance pays.
True - I don’t like not having exit strategy in place with unfinished- I can’t pivot quickly into str for cash flow- waiting for another client sometimes takes time - thanks for the info and yes you can definitely get more $ with the unfinished!
Excellent content Jesse and Serge. I appreciate the wealth of information you both provided in this video and hope to make the leap to MTR our next rental property. Your content is very valuable.
How do I connect with Insurance Agencies? All the ones I talked to in my area don't have the person that handles relocations. Any help would be greatly appreciated!!!
Wow, it's incredible how you and Serge navigate the complexities of insurance relocation claims while also showing genuine care for the families you help. Considering the unique and varying coverage of each homeowner's policy, how do you adapt and find suitable housing solutions while navigating these diverse policy details?
Hey, thanks! I like to connect with other operators in the same market to pass referrals to each other. It’s a great way to not only continue to build credibility but also help other people/landlords. I believe in the law reciprocity
Phenomenal episode! Can you do an episode on protecting yourself as an owner or operator??? We have someone in our network that is working with an ALE client and they won't leave now that their lease is up (squatting) and ALE is not helping them at all, now have to go through the eviction process. 😢
Oh man Mike I’ve never heard of that happening. I can definitely put something together in that. I usually shoot to have the agencies be the leasees ( letter of responsibility) they don’t always do it but if they do it’s covered no matter what by the company.
Hi Laura. Hope that you are doing great. Laura, would love to hear your opinion about 181 days + rent in Sarasota. Are they doing well there? Or better focus on LTR, because the occupancy rate is lower? Insurance cost in Florida is very high for STR and MTR less than 181 days. Thank you so much.
Excellent questions and interview! Thanks for sharing your insights. When will Serge make his database available for properties to be added by property managers/owners?
I want to share a story with you that is on topic for this video. I have been following Jesse for a little while and way before our incident happened. In March we had a horrific storm that came through middle TN. We had a huge tree that came down on our house. Thank God no one was injured but half of our house was destroyed. Our insurance company was on it providing immediate temp housing at a hotel and then working with their housing dept have been removed to an apartment while our house is being rebuilt. It took 6 months before construction even began. I just want to say at this point, it pays to have great insurance and make sure you are properly covered. They had a company come in to move all of our belongings to a climate control storage and then provided all the household items needed while we live at the apt. It would have taken longer to get an actual home because we have 2 dogs and not everyone allows pets. We are still waiting for our home to be finished but I had an idea of how things go before this all happened from watching Jesse's channel. The reason I started watching is because our hope is to convert our basement into an apt for MTR. We have a huge medical community in Greater Nashville area but we are certainly open to serving families in our area that have gone through a similar trauma. Thank you Jesse for your channel. We hope to utilize what you teach in the future.
Hey, Petra thank you so much for sharing your story! I know it can be frustrating sometimes dealing with companies specially if you’re the one dealing with the loss. I’ve talked to several folks who mentioned the same thing that you have. I also believe it gives you first person perspective on if you do decide to finish your basement on how to treat folks that are coming in. I believe that is one of the most significant parts of running. These types of business is being able to serve others.
@@JesseVasquezAirVenture thank you. We have Erie Insurance and I can't say enough good things about them. They have covered everything including dog boarding for 2 weeks while we were at the hotel. We are fortunate that they have made it seamless including Housing Hqt that is our relocation folks. I agree that we will add a like minded perspective to those we hope to serve.
So to get people that need housing because of insurance needs you pretty much have to have availability in your rental inventory so if you only have one or two rentals or availability is crucial and so you’re probably already gonna be full and this may not work out. Am I correct?
@@JesseVasquezAirVenture I’m talking with the local agent who is doing the policy on our condo that we will be closing on soon. I am meeting with him later this week to start my network
Jesse, do you do your own background check for insurance claim tenants, or do you allow the insurance company ( that pays you) to perform the background check? For example, an ALE Solutions client?
@@tigreytigrey8537 if you don’t mind send me your email address, I’ll shoot you over what I will post before I post it so it can be approved by you. Sound good?
Thank you for being real about having more than one service lane. Insurance, healthcare, and mid/short term vacation… you need to be open to all avenues. Thanks for the clarity!
Is there a formula to calculate 6 month and 3 month leases? It’s hard to price mid term rentals but if I can figure out the 12 month rate for my property, how do I calculate the 6 and 3 month leases? I was going to list my property with the 12 month rate on Zillow but also have short-term in the keywords and list the shorter term rates in the description to catch insurance agencies.
I love that heart shift moving from revenue to reaching people. That’s it! Right there.
@@rachelshelley3234 so important Rach! I wish I understood this earlier
You do not have to furnish your homes for insurance! They provide the furniture and even the appliances and still pay 35% more than the regular rent. One thing make sure you get all the reports from the tenants as insurance typically pays but you sign the lease with the tenant and you may end up needing to evict if they stay beyond the time the insurance pays.
True - I don’t like not having exit strategy in place with unfinished- I can’t pivot quickly into str for cash flow- waiting for another client sometimes takes time - thanks for the info and yes you can definitely get more $ with the unfinished!
How much does the insurance company pay towards the rent and do you make your money as the lease holder?
@@JesseVasquezAirVenture do you end up keeping the furniture and appliances or is that something they take back?
@@mariobacilio4004 following
Love the JV. Especially the part about serve first and the money will come
Hey! Thanks for the kind words!
Thank you Mr. Jesse Vasquez and Mr. Serge Kozhukhar!
🙏🏽🚀🚀
Very high quality JV. Thank you, once more, for contributing to the community!
AL thanks brother! Appreciate you 🙏🏽
Very informative!! Love to hear this kind of interviews with someone works in insurance claim business providing different views. Love it!!
Excellent content Jesse and Serge. I appreciate the wealth of information you both provided in this video and hope to make the leap to MTR our next rental property. Your content is very valuable.
Hey thanks Leticia!
Awesome video! great to view from perspective of relocation specialist, thanks Jesse
Hey thank you so much for watching - the relocation side is really awesome to hear first hand. I believe it will help us all! 🙏🏽
TOBY! Well done Serge and Jesse!
Haha twins 👯
Thanks Jesse I’m based in Dallas and Boston and I think this will work great in both markets.
I know for a fact it will if you do it the right way, I have a few students out there right now now who are kicking butt!
How do I connect with Insurance Agencies? All the ones I talked to in my area don't have the person that handles relocations. Any help would be greatly appreciated!!!
Thanks Jesse putting out this great content. This video really helps me to get to know more about insurance claims.
Hey thanks so much! Serge is great for coming on and sharing his info with the world. 🙏🏽
Great video, and great information! Serge, I JUST emailed you! Thanks again.
Thanks for watching and I’m glad ya got some value! 🙏🏽
Wow, it's incredible how you and Serge navigate the complexities of insurance relocation claims while also showing genuine care for the families you help. Considering the unique and varying coverage of each homeowner's policy, how do you adapt and find suitable housing solutions while navigating these diverse policy details?
Hey, thanks! I like to connect with other operators in the same market to pass referrals to each other. It’s a great way to not only continue to build credibility but also help other people/landlords. I believe in the law reciprocity
I'm interested in this business model and live in the Texas area. I'd like to connect.
Your contributions to the community are greatly appreciated, JV. Thank you once again for your exceptional quality work!
Great content as always Jesse! Yes, Serge does like to Toby.
Haha Tj! He does doesn’t he!? Thanks for hanging w us.
Phenomenal episode! Can you do an episode on protecting yourself as an owner or operator??? We have someone in our network that is working with an ALE client and they won't leave now that their lease is up (squatting) and ALE is not helping them at all, now have to go through the eviction process. 😢
Oh man Mike I’ve never heard of that happening. I can definitely put something together in that. I usually shoot to have the agencies be the leasees ( letter of responsibility) they don’t always do it but if they do it’s covered no matter what by the company.
Had the same situation..... ALE pay but they are not liable for any damages or eviction
Great info! We have a str/mtr in Sarasota, Florida doing very well. Thank you!
Hey! Ive heard good things about Sarasota! Thanks for checking out the video! Cheers to your successful STR/MTR!
Hi Laura. Hope that you are doing great. Laura, would love to hear your opinion about 181 days + rent in Sarasota. Are they doing well there? Or better focus on LTR, because the occupancy rate is lower? Insurance cost in Florida is very high for STR and MTR less than 181 days. Thank you so much.
Excellent questions and interview! Thanks for sharing your insights.
When will Serge make his database available for properties to be added by property managers/owners?
I believe he’s working on it! I’ll keep ya updated!
Great episode, we were trying to learn more about this as well. Thank you for the timing posting
Glad it was helpful!
Great content, as usual, Jesse!!!
You're the best!
Amazing video! Thank you for all the helpful information Serg and Jesse.
Thx for watching Kane! 💪🏽
lots of great info. Thanks!
Thank you jennifer!
Toby Maguire fa sho! 😁😍 Thanks for sharing this wonderful interview!
Haha twins
I LOVE Jesse University. Wealth of info today!
Haha 😂 that’s funny and truly appreciate your kind words! Jesse university it is 😂❤️
He’s searching on Zillow but aren’t those unfurnished? Is he furnishing the homes?
Both. Furnished and unfurnished
Great information
I want to share a story with you that is on topic for this video. I have been following Jesse for a little while and way before our incident happened.
In March we had a horrific storm that came through middle TN. We had a huge tree that came down on our house. Thank God no one was injured but half of our house was destroyed. Our insurance company was on it providing immediate temp housing at a hotel and then working with their housing dept have been removed to an apartment while our house is being rebuilt. It took 6 months before construction even began. I just want to say at this point, it pays to have great insurance and make sure you are properly covered. They had a company come in to move all of our belongings to a climate control storage and then provided all the household items needed while we live at the apt. It would have taken longer to get an actual home because we have 2 dogs and not everyone allows pets. We are still waiting for our home to be finished but I had an idea of how things go before this all happened from watching Jesse's channel. The reason I started watching is because our hope is to convert our basement into an apt for MTR. We have a huge medical community in Greater Nashville area but we are certainly open to serving families in our area that have gone through a similar trauma.
Thank you Jesse for your channel. We hope to utilize what you teach in the future.
Hey, Petra thank you so much for sharing your story! I know it can be frustrating sometimes dealing with companies specially if you’re the one dealing with the loss. I’ve talked to several folks who mentioned the same thing that you have.
I also believe it gives you first person perspective on if you do decide to finish your basement on how to treat folks that are coming in. I believe that is one of the most significant parts of running. These types of business is being able to serve others.
@@JesseVasquezAirVenture thank you. We have Erie Insurance and I can't say enough good things about them. They have covered everything including dog boarding for 2 weeks while we were at the hotel. We are fortunate that they have made it seamless including Housing Hqt that is our relocation folks. I agree that we will add a like minded perspective to those we hope to serve.
So to get people that need housing because of insurance needs you pretty much have to have availability in your rental inventory so if you only have one or two rentals or availability is crucial and so you’re probably already gonna be full and this may not work out. Am I correct?
No you can definitely get a booking but it’s better to have a network in your market just in case you’re booked.
@@JesseVasquezAirVenture I’m talking with the local agent who is doing the policy on our condo that we will be closing on soon. I am meeting with him later this week to start my network
Jesse, do you do your own background check for insurance claim tenants, or do you allow the insurance company ( that pays you) to perform the background check? For example, an ALE Solutions client?
Either or, if I have the agency as the Leasee I don’t even background check as they are responsible for the tenants No matter what.
@@JesseVasquezAirVenture thank you...
Can you discuss more on how to acquire a property? And how to get the funding to purchase
Absolutely! 👍🏽
@@JesseVasquezAirVenture thanks!
You aquire a property by going online and typing in "house for sale". Then you pick the one you want and call your bank for a loan.
@@tigreytigrey8537 if you don’t mind send me your email address, I’ll shoot you over what I will post before I post it so it can be approved by you. Sound good?
I have a few Airbnb props , Id rather set them up with the insurance companies. who do I sign up with ADI or directly with insurance company?
Service 1st 🎉 the money comes
It’s true for me
Thank you for being real about having more than one service lane. Insurance, healthcare, and mid/short term vacation… you need to be open to all avenues. Thanks for the clarity!
Is there a formula to calculate 6 month and 3 month leases? It’s hard to price mid term rentals but if I can figure out the 12 month rate for my property, how do I calculate the 6 and 3 month leases? I was going to list my property with the 12 month rate on Zillow but also have short-term in the keywords and list the shorter term rates in the description to catch insurance agencies.
It’s impossible to do that, have you had a chance to check out my how to price an Mtr on the Biggerpockets Channel? I’ll post a link
ua-cam.com/video/Ci2HAl2asXM/v-deo.htmlsi=cnGyYKIAMpk7SUwd
@@JesseVasquezAirVenture thanks so much! Somehow I missed this one. I’ll check it out right now!
How does the relocation specialist get paid or charge for theie service?
They work for the companies
How can I get in contact with Sergio?
I’m a real estate investor/ contractor in north NJ. I would love to collaborate with Sergio.
He does
I know right!?
What insurance companies work with you to start a relocation insurance claim ?
Ale
Solutions
i'm doing my best to be like Jesse
You got this! 😂
It is pronounced "VUSTER". Who knew right? ))))
Whooo kneeewwww 😂
Only people who live here😀@@JesseVasquezAirVenture
@@JesseVasquezAirVenture "wuss ter"
He so does 😂
The 5x Good Samaritan....barf
🤢