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18 December 2024 | 15 replies
@Shaheen AhmedI don't know the Ohio markets as well as I know Pennsylvania but (1) taxes can vary widely among counties, cities, municipalities, etc. and (2) the problem right now is that interest rates are so high (although taxes and insurance increasing certainly doesn't help.)What are you trying to accomplish?
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21 December 2024 | 7 replies
However, if it’s not necessary for liability protection, you might avoid the headache altogether and just beef up your umbrella insurance policy.What’s your take on this now?
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17 December 2024 | 16 replies
Can name their brokerage in there also to go after insurance.
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11 December 2024 | 2 replies
The cost segregation studies that typically yield the highest credits and deduction are for properties valued at $150,000 or more or that have lots of added features such as components to operate or high-end custom finishes.
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13 December 2024 | 5 replies
This is why you have insurance, and use LLC protections.
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19 December 2024 | 8 replies
And be sure your insurance costs won't be insane.Finally, if you're near Asheville at times we have two BP meetups per month here.
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16 December 2024 | 1 reply
In each category, note how much you are bothered or stressed on a 1 to 5 scale, with 1 = not bothered at all and 5 = stressed out: Pain Points Stress1 to 5 Pain Points Stress1 to 5 Unit turnover Exterior maintenance Advertising for available units Deferred capital expenditures Tenant screening rules Plumbing or electrical emergencies Tenant selection / discrimination rules Mortgage payments Documenting move-in conditions Bookkeeping and bill paying Documenting ongoing conditions Taxes and insurance premiums Dealing with tenant complaints Risk of late payments or non-payments Dealing with neighbor complaints Risk of property damage or vandalism Mold, termites and rodents Premises liability Interior maintenance Evicting tenants If your completed table has mostly 1s and 2s, then congratulations—you are a happy landlord!
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14 December 2024 | 2 replies
Horrible tenants increase cautiousness and interaction with insurance Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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6 December 2024 | 1 reply
Can anyone provide insight on the average cost of insurance for Airbnbs with pools in the Boston area?
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13 December 2024 | 16 replies
Overall, the setup and funding process was extremely straight-forward and the customer service was great.