Connor Thomas
What to do with this property
5 November 2024 | 4 replies
It’s looking like this will cash flow neg just with est mortgage payments plus insurance and taxes of $1100ish (after renovation), property management of $120.
Chris Pommier
Insurance for one long term rental in LLC
2 November 2024 | 1 reply
I'm hiring a property manager and the management contract requires a waiver of subrogation in favor of the property manager. I think I can get a policy online with the other requirements, but this waiver seems to be m...
Phil Wrigley
Guesty / hostaway / hospitable?? Help!
8 November 2024 | 47 replies
The direct booking capabilities offer a choice between charging hosts 1% or 7% of a direct booking, with the primary difference being payment processing and insurance policies.
Tiffany Perry
How to handle insurance company non-renewal of rental unit policy
29 October 2024 | 4 replies
I received a notice from my rental property insurance carrier that they will not renew my insurance policy covering my rental unit.
Harika Tumula
Your thoughts on buying a townhouse in Greenville, SC
4 November 2024 | 7 replies
Key things to keep in mind with your numbers are:Rent should be > PITI (principal, interest, taxes, & insurance) + maintenance + vacancy + capex + property management fee.
Jerry Zhang
How is Seller Protected if they are in 2nd position?
6 November 2024 | 8 replies
There is no such thing as a "guarantee" only the perception of.if it's a concern in your offer, find out what it would cost to carry a bond or insurance product for the seller.
Sara Robin
How can I get a mortgage loan without a current income?
6 November 2024 | 9 replies
The you drain all of your savings unless you have more and how will you pay your taxes and insurance?
Teddy Kennedy
Tenants are asking for a rent rebate for renovation
4 November 2024 | 8 replies
Insurance wrote a check for much lower than what contractors were bidding for restoration/remodeling.
Jesse LeBlanc
Is inflating a payoff a CRIMINAL OFFENSE in GA?
3 November 2024 | 56 replies
If the law office is in on it, then it would be fraud as well and possibly insurance fraud if they turn it over to their E&O insurance because E&O insurance is for mistakes not for intentional acts.
Scott Meech
Determining Quality MTR
5 November 2024 | 34 replies
Principal, interest, taxes and insurance. 280k with 20% down at 7% = about $1500 a month for PI.