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9 December 2024 | 8 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).
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10 December 2024 | 2 replies
you probably know this but - there are holding costs associated with most flips - interest on the loan, insurance, and sometimes others depending on the localityhope this helps
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10 December 2024 | 17 replies
Technically, those sleeping over 12 built after 2016 are putting themselves in a legally liable situation if something happens as insurance companies may not cover them.
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9 December 2024 | 8 replies
I understand that if I rent this ADU out, then I can have a tax write off on the mortgage payment and insurance payment for the the ADU's sqft portion.
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9 December 2024 | 16 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).
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11 December 2024 | 5 replies
And you avoid things like damaged properties (guest insurance from airbnb or prop manager themselves cover that), evictions, collections, etc.
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7 December 2024 | 8 replies
You might not be obligated to do anything, but could offer an inspection with the recognition there were no bed bugs when they moved in if you can assert that.
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11 December 2024 | 3 replies
Find yourself a good team who builds ADU's has a project management team and of course has all the licenses and insurances to protect your property.Quote from @Michael Adamo: Hi BP Community,I’m exploring adding one or two ADUs to a property I own in the Miracle Mile area, near 3rd Street and La Brea in Los Angeles.
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4 December 2024 | 4 replies
Our local real estate agent stated that the forest service is not obligated to extend the lease which would require moving the cabin.
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10 December 2024 | 100 replies
We just need to figure out how.I’d urge you to look at the insurance business, which has a great deal in common with real estate.