Melanie P.
WARNING - Justin Goodin is Operating as Goodin Development
23 January 2025 | 30 replies
Investment product marketers who claim to be GPs, GPs who claim “ownership”, insurance salesman who claim to be “financial advisors”, people who attended an executive training program claiming to have an MBA, what ever happened to honesty?
Timothy Franklin
Clarifying the wholesale transaction
15 December 2024 | 7 replies
Gray area interpretation up to individual courts which have rendered seemingly contradictory decisions.
Jonathan Greene
Don't Become a Property Hoarder or a Door Counter
3 January 2025 | 40 replies
My spreadsheet also includes FMV of every property so I can monitor appreciation, year over year comparison of tax & insurance increases, current rent & last increase & last amount, etc.
Rich Emery
DSCR without penalty for selling early?
19 December 2024 | 15 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
Michael Russo
Insurance cost on Airbnb with a pool
6 December 2024 | 1 reply
Can anyone provide insight on the average cost of insurance for Airbnbs with pools in the Boston area?
Breeya Johnson
Is Austin, Texas Still A Good Place To Invest?
24 December 2024 | 12 replies
@Breeya Johnson the entire market currently is in a cooling cycle with price declines and inflated expenses like property taxes and insurance.
Drue Fourmont
Any advice for his investment situation?
20 December 2024 | 1 reply
Here are the details of the property:Property Overview:Location: Texas2 lots, 2 warehouse buildingsFinancials:Mortgage: $4,897/month (balance: $530,000)Insurance: $830/monthProperty Tax: $1,800/monthBuilding 1:1 tenantRent: $7,570/month12,000 square feetBuilding 2:3 tenantsTenant 1: $2,850/month (5,000 square feet)Tenant 2: $1,793/month (2,500 square feet)Tenant 3: $895/month (1,250 square feet)The property was appraised for $2,200,000 three years ago.Given the current rental income and expenses, the cash flow is decent, but my family friend is looking to explore options that could potentially yield better returns.Would it make sense to:Sell the property outright and invest in higher cash-flow opportunities?
Shawn Tuma
Duplex Concerns w/ VA Loan
17 December 2024 | 1 reply
I'm currently in the option period with it ending on Monday so I need to make an educated decision by then.
Jamie Banks
ALE Solutions Win
15 December 2024 | 38 replies
I have used ALE successfully but 4X rent is not what we got we got 2X there is a limit in the insurance polices as to what the insurance will pay but its a decent move at least it was for us
Jeremy Jareckyj
ALE Solutions/Mid Term Rentals
20 December 2024 | 3 replies
He adjusted his listings to highlight those features and got a contract within a week.Expand Your Reach: If ALE is slow, it might be worth simultaneously listing on Furnished Finder or working with insurance brokers.