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21 October 2024 | 13 replies
Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.
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27 October 2024 | 13 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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24 October 2024 | 14 replies
a treehouse rider can be added to some homeowners insurance policies.
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23 October 2024 | 1 reply
I had a tree (the neighbors tree) that fell on the roof of my rental and damaged it severely so now I have to change the whole roof.So during the hurricane I had an insurance called Citizens, but right after the hurricane they switched me to a different insurance (Slide)...Will you please help me with my questions:1) My coverage was for a policy that is not a rental but partially owner occupied (its a duplex), because I lived there but then moved out and did not switch the coverage to a rental.
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23 October 2024 | 11 replies
I am a firm believer that you have to live there and offset your prop tax's with zero income tax and of course be a local and self manage. then to me its like any other market in the country basically..
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23 October 2024 | 11 replies
Mold inspector said there was nothing in the house beyond tolerable levels.
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23 October 2024 | 3 replies
I'm reviewing my rental property insurance after having gone through issues with the first ever claim on my current policy, which we're finding out has poor claims service and lacks ordinance or law coverage.
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29 October 2024 | 23 replies
SFR will initially produce zero income (unless you rent rooms or until you move out.)typically investors that consistently buy multiple homes a year are experienced in the REI game with lots of connections and access to cash. not always. but more often than nothappy to discuss your investing goals more
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24 October 2024 | 1 reply
Both Democrat and Republican presidential campaigns have found common ground on housing policy by proposing the use of federal lands for homebuilding.
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22 October 2024 | 7 replies
Assuming your corp received a title policy when it acquired the property, you could go back to the attorney or title agent that handled that closing and ask them 1. can they prepare the deed; 2. can they issue an endorsement to the policy changing the name of the insured to you as the Grantee.