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13 January 2025 | 7 replies
I just can't accept such a constant ever increasing loss, even if I can afford it.
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24 January 2025 | 37 replies
I don't want to step on any toes, but if you're not working with an agent, I'd be happy to help you, but even if you are, I'd be happy to talk with you about the Redding area and answer any questions you might have, etc.
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31 December 2024 | 6 replies
Feel free to pm if you need more assistance.
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5 February 2025 | 21 replies
If a tenant causes a claim, why should the landlord's insurance pay - possibly resulting in an increase in premium or even a cancellation of the policy?
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5 February 2025 | 28 replies
We even got a storage locker to keep things I find but that became expensive, too 😊I'm now not afraid to spend a bit more on finding the design I'm looking for.
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6 February 2025 | 20 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
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6 February 2025 | 8 replies
Expense ratio, as others have stated, often ends up evening out these fluctuations in each expense and can often times be a more accurate predictor over many data points.
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12 January 2025 | 28 replies
(A lot of states, they can easily pull emergency assistance, and the court case get automatically dismissed) If they are pro at this, you have no way to win without a super experienced PM and legal team.
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30 January 2025 | 8 replies
It creates a space for people to reflect, learn from each other, and even rediscover strategies they’ve forgotten.Revisit the Basics: I love how you mentioned going back to basics.Invitation is open let's have a coffee next Tuesday 7:00 PM at the Squadron Restaurant next to Miami AirportJan 27,2024.