All Forum Posts by: David C.

@Shonda Rountree Greenville, NC.

@Shonda Rountree I have some properties in NC that will be available in a couple of weeks specifically for travel nurses. Do you have any agencies that you work with for housing?

@Ekaterina Stepanova did you make any more progress with this?

@Champ Leong this is generally very difficult because of maintaining the business side. I am actually currently renting to family members at fair market value. They have chosen to auto pay their rent biweekly as they are paid to prevent any issues. This has worked and has been the case for about 2 or 3 years.

@Peter Walther I agree.

@Peter Walther thanks for posting this. In reference to each point:

1. They are acting as an agent on your behalf.

2. Acting as a private lender.

3. Selling the loan as any other lender

I don't see where they are actually "insuring" anything. I haven't read their website at all. Only the information posted in this thread

@Seth Borman this is a very clever thought & could work in reducing hot water consumption (assuming it still meets any guidelines based on occupants).

@Sylvia B. That's a good question. How common is it for this clause to be enforced?

It could be that the company offers this insurance because of the low likelihood that the DOS clause will be enforced. Just a thought.

@Bill Brandt

This is a good perspective.

@Owen Thornton check out Eastern NC. The market is increasing, but you can find quality duplexes for under $150k in C+ neighborhoods with quality tenants. If you're open to rehabbing in D+ neighborhoods that will see significant growth in about 5 years, then you can get a duplex for about $50k, if you can get your offer accepted quick enough.

I'm getting ready to make an offer on two duplexes (4 units renting from $650-750) at $275k total. The seller is looking for $300k. Market rent is $800-$850.