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11 April 2024 | 10 replies
With that said, I am considering jumping into a house hack using my VA Loan and then repeating the process every 1-2 years until I can accumulate enough properties to help supplement retiring one day.I am doing research on the climate of things right now in the market but the reality is I need a new place to live and house hacking seems like the best way to invest my money and lower my monthly overhead costs so I can save money.
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11 April 2024 | 7 replies
The only issue I have with Dynasty is it has a lower per square foot coverage than the others, but I guess if you want something to last a long time its all about having a good "Mill Thickness" anyhow.
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10 April 2024 | 12 replies
Some have flat rates, some have percentages, eviction coverage, etc.
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10 April 2024 | 38 replies
WE upped out security deposit coverage from 1x rent to 2x rent when we implemented, and that has been pretty seamless.
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10 April 2024 | 3 replies
With Rhino I am to setup $4K to $6K in coverage and most of the time I have been able to protect rental income. 2) No sign-up fees for landlords. 3) Renters can avail minimum out of pocket i.e. 5-15% of the insured amount.
10 April 2024 | 13 replies
If I like the applicant, I'll often eat the cost of a supplemental report.
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11 April 2024 | 10 replies
For DSCR (Debt Service Coverage Ratio) you qualify based on if the property will cash flow or not (Does the rental amount cover the mortgage payment at least 1:1).
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9 April 2024 | 6 replies
Recently, the insurance carrier I have been using has decided to drop coverage of parks with Park Owned Homes, the policy I had was strictly liability.
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9 April 2024 | 2 replies
You would need to see the actual policy or endorsements to determine the coverage being provide by the items under the description:1.
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10 April 2024 | 10 replies
Not to deter you from getting an LLC, but I would look into getting a Umbrella Policy for your AZ home and get an amount of coverage that you feel is necessary.