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5 November 2017 | 8 replies
I also have a 3 month emergency fund to cover any unexpected costs and will set aside 15% of the rental income for vacancy and maintenance costs.
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8 November 2017 | 7 replies
That could turn into a bigger project then you might expect so make sure the numbers work even with a variance for unexpected costs.
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5 November 2017 | 4 replies
It covers not only my rentals but also things like car accidents.
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4 November 2017 | 16 replies
Assume your tenant has a slip and fall or other accident.
5 November 2017 | 6 replies
It is not an issue to borrow money to pay the loan, however, your mortgage broker may have an issue with you not have the necessary cash to cover any unexpected issues for a few months.
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10 November 2017 | 8 replies
I also fear if I provide this service and market it as such I could be liable if an accident occurs.
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6 November 2017 | 1 reply
We all know accidents can happen so,How does a landlord adequately protect themselves in the event of an injury?
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16 November 2017 | 28 replies
You are going to need to have 20% down, plus closing costs, and you will want something in reserves, a few thousand for the unexpected such as a vacancy or unexpected repair.
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17 November 2017 | 8 replies
It was difficult, but wasn't impossible and this is coming from someone who found out about a 1031 by accident on google.
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17 November 2017 | 5 replies
Unexpected expenses always come up but they were only unexpected because I had no idea.