Real Estate Investing in the Real World
Real Estate Blog
SATURDAY, SEPTEMBER 13, 2008

My prayers go out to all those Houstonians riding out the storm.  I live in West Houston but decided yesterday to head up to my parents' house in Fort Worth. 

While our thoughts now are on everyone's safety, soon enough we'll be thinking about insurance, deductables, repairs and contractors.  No one buys an investment property with the expecation that it will get knocked down by a hurricane - but unexpected things happen, and when they do they're usually bad. 

Skimping on insurance is a way that some investors nudge a borderline property into positive cashflow territory.  Ask yourself about the risk/reward tradeoff.

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Comments(107)
posted by: Chris Smith
Comments
September 20, 2008
08:28 PM
Gracias a Dios tu y tu familia estan bien.
September 27, 2008
06:36 PM
The last thing you would want after a tragedy like that is to deal with an uncooperative insurance company
October 01, 2008
06:22 AM
Excellent content - as you always provide and inspires me to come again and again. You are on my RSS reader now so I can read more from you down the road.
By the way, there is one more valuable resource I’d like to share with others readers. It’s called Secrets of Successful Traders that teaches you…
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08:45 PM
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05:15 AM
I feel that there is a deep water fall ahead us. Even a great swimmer cant escape. Whats your opinion?
November 19, 2008
10:30 AM
Cutting corners on insurance does not lower your premiums that much. If paying an extra $30 a month for better insurance will put you underwater on a property, then you didn't buy right in the first place. (Of course I'm using the hypothetical 'you', not speaking to anyone in specific).

I'm praying for you that God will strengthen you and pull you through this challenging time. Of course, during challenging times opportunities abound!
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September 16, 2009
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We are a foreign trade company that wholesales all kinds of Nike shoes.Include mens and womens nike shox, kids nike shox.Shox is technology developed by Nike and incorporated into several of their flagship athletic shoes. Shox are small hollow columns that make up the midsole of the shoe. They are mostly made of rubber, these being those which are actually called Shox. There are many different formations that Shox come in, but they usually come with four circular columns in a square formation for maximum cushioning. There can also be five or six Shox, 2.5 cm high, though they may vary in height, and triangular and rectangular Shox that provide better stability. Some shoes have midsoles made entirely of Shox, like the TL series.

The first shoes to use the Shox technology were introduced in late 2000, the R4 runner, the BB4 basketball shoe, and the XT4 cross-training shoe.

Nike claims that Shox not only absorb impact from heel strike while running; they also "spring back" and add more power to a runner's stride. Aside from the boost in speed, the Shox also provides superior shock absorption with high-tech elastic foam.

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October 21, 2009
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SATURDAY, SEPTEMBER 13, 2008
Out of Dodge...

My prayers go out to all those Houstonians riding out the storm. I live in West Houston but decided yesterday to head up to my parents' house in Fort Worth.

While our thoughts now are on everyone's safety, soon enough we'll be thinking about insurance, deductables, repairs and contractors. No one buys an investment property with the expecation that it will get knocked down by a hurricane - but unexpected things happen, and when they do they're usually bad.

Skimping on insurance is a way that some investors nudge a borderline property into positive cashflow territory. Ask yourself about the risk/reward tradeoff.
Tags:
Add to:
Add to Technorati Favorites
Add to Digg
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Comments(50)
posted by: Chris Smith
Comments
Olga
September 20, 2008
08:28 PM
Gracias a Dios tu y tu familia estan bien.
Mike
September 27, 2008
06:36 PM
The last thing you would want after a tragedy like that is to deal with an uncooperative insurance company
with stock
October 01, 2008
06:22 AM
Excellent content - as you always provide and inspires me to come again and again. You are on my RSS reader now so I can read more from you down the road.
By the way, there is one more valuable resource I’d like to share with others readers. It’s called Secrets of Successful Traders that teaches you…
How to turn $1000 into $ 1MILLION in 5 years or less using nothing but...
• a brokerage account (so that you can trade),
• $1000 in a pocket
• And one 'jealously guarded' strategy that won't even require you to spend 20 minutes a day.
For more info & special discount, visit: http://www.2stocktrading.com/discount.html

Charms Jack stock analyst.

charmsjack@gmail.com

http://www.2stocktrading.com/discount.html
GOZone Jeremy
October 12, 2008
08:45 PM
Umm...hello? Did Ike sweep you away?
MyInvestorsPlace
November 17, 2008
05:15 AM
I feel that there is a deep water fall ahead us. Even a great swimmer cant escape. Whats your opinion?
JCL
November 19, 2008
10:30 AM
Cutting corners on insurance does not lower your premiums that much. If paying an extra $30 a month for better insurance will put you underwater on a property, then you didn't buy right in the first place. (Of course I'm using the hypothetical 'you', not speaking to anyone in specific).

I'm praying for you that God will strengthen you and pull you through this challenging time. Of course, during challenging times opportunities abound!
Lee Rickey
February 01, 2009
09:35 AM
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Oil paintings
Modern art
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Lee Rickey
Location: xiamen : fujian : China
Website: http://www.art-ych.com
art-ych@hotmail.com (MSN)
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The first shoes to use the Shox technology were introduced in late 2000, the R4 runner, the BB4

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Nike claims that Shox not only absorb impact from heel strike while running; they also "spring

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We are a foreign trade company that wholesales all kinds of Nike shoes.Include mens and womens nike shox, kids nike shox.Shox is technology developed by Nike and incorporated into several of their flagship athletic shoes. Shox are small hollow columns that make up the midsole of the shoe. They are mostly made of rubber, these being those which are actually called Shox. There are many different formations that Shox come in, but they usually come with four circular columns in a square formation for maximum cushioning. There can also be five or six Shox, 2.5 cm high, though they may vary in height, and triangular and rectangular Shox that provide better stability. Some shoes have midsoles made entirely of Shox, like the TL series.

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