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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.
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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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15 December 2024 | 14 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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13 December 2024 | 3 replies
They give you 20-30 days to prove they are gone or cancel your insurance.
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17 December 2024 | 9 replies
The biggest advantage of using someone local to where you're buying is that they will understand taxes, insurance, and similar items very well when it comes to DTI/DSCR calculations and payment quotes, and they will likely have a local network of service providers for ancillary services (survey, inspections, etc).
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17 December 2024 | 17 replies
Here is a list of Construction, Rehabbing & Generic PM softwares that may be a good solution:Construction, Remodeling & House Flipping Specific PM Softwares BuilderTrend/Co-Construct - Home building project management software specifically built for custom home builders.
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9 December 2024 | 7 replies
Have you ever had a year where your insurance or proper tax’s went down?
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17 December 2024 | 5 replies
My figures are below.TaxDeed Winning Bid: $489.00 (My Bid May 2013)Property Clean-up: $450.00 (mowing, trash removal)Taxes & Insurance: $80.00 (2013 & 2014)Sale Advertising: $130.00 (Signage, Newspaper Ads, etc)Filings & Legal Fees: $245.00 (Deed, Lien Releases, Sales Agreement Docs)Total Costs: $1395 (approx)Sold for: $3250.00 (August 2014)That is better than the 25% I would have received if the property was redeemed during the redemption period.
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15 December 2024 | 3 replies
FHA rates are actually lower than conventional right now even though there is a monthly mortgage insurance it’s not much in most cases.
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13 December 2024 | 7 replies
This is public info and usually it will change based on seller being there a long time or something like an elderly tax rate.What are insurance costs like (we've got a lot of local variability around fire insurance for ex.)?