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30 November 2024 | 1 reply
Guests normally don't like to be asked to cover damages that they caused and sometimes give a lower rating because we ask them to cover it even though they have COI that insures my listing.So I'm exploring the event guest screening option that they could put down the security deposit as well. 1.
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4 December 2024 | 9 replies
With an FHA loan, you can finance a 2-4 unit property, live in one unit, and rent out the others to cover your mortgage.
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5 December 2024 | 8 replies
(Be sure to factor in vacancy, PM fees, maintenance, etc in addition to PITI)•Do you have additional reserves to cover unexpected expenses like long than expected vacancies, high turnover costs, or major repairs (e.g., HVAC or roof replacements)?
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2 December 2024 | 7 replies
I would think a Waste clause would cover the P I G tenants fine.
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10 December 2024 | 36 replies
Sounds like such a cover up.
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4 December 2024 | 17 replies
Where will the money come from to cover your mortgage payments AND the needed rehab work?
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2 December 2024 | 9 replies
I'd direct you to this posting, which seems to cover the same type of question: Having a real estate agent VS being your own real estate agent?
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29 November 2024 | 10 replies
Not sure if that will be helpful.You could also work with your agent about a big umbrella policy to cover the uninsured parts.
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1 December 2024 | 25 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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30 November 2024 | 12 replies
Vacasa seems like they cover everything which is great for hands off owners, but they charge an arm and a leg.