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3 January 2025 | 18 replies
(You know you’re on the right track and you insure future leases end between March and July by varying the length of the new lease.)Good luck.
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20 December 2024 | 3 replies
What is on the insurance application that you signed?
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4 January 2025 | 26 replies
I agree with everything said in this post, it is a hospitality business and superlative customer service is a must.
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12 January 2025 | 20 replies
The biggest differences between residential and commercial: Scalability, financing are very different, property taxes may be different, Insurance is definitely different.
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30 December 2024 | 1 reply
Option 1 - NOI = Rent - (maintenance, vacancy, management, property tax, insurance)or Option 2NOI = Rent - (property tax, insurance)in both cases i assume DSCR = monthly payment/NOI
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31 December 2024 | 2 replies
You will have to gather more accurate operating costs (vacancy loss, taxes, utilities, insurance, mgmt fees, maintenance, HOA) to best determine potential future performance.
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12 January 2025 | 23 replies
If you have high holding costs (financing, taxes, insurance, utilities, etc.) the longer you are holding the less money that you are makingSelling profitably - How long will it take to sell?
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26 December 2024 | 2 replies
That's it, but a) print out a page for each property you think is comparable, b) make the list of repairs long and inclusive of everything you've done. c) Put larger items first like kitchen remodel......and don't just say 'kitchen remodel', list things like 'custom backsplash tile/Bosch appliances/recessed can lighting/pot filler/etc. d) Cite the price/value of the work done, and don't be afraid to be generous.
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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?
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2 January 2025 | 25 replies
@Kathie Mata appliance insurance may work in some places, in my area is quite slow to show up.