Santosh Bhor
House Hacking and Insurance?
3 January 2025 | 2 replies
I have home owners insurance should i buy another landlords policy as well?
John Matthew Johnston
Nurse to property management company
5 January 2025 | 9 replies
Also make sure to have owners add you to their property insurance policies, so you have liability protection.
Ashley Shearer
Property Mgmt - First Right of Refusal Program for Maintenance?
17 January 2025 | 3 replies
If your property management company is good and has built an internal maintenance team which has set rates and had strong relationship relationships with licensed contractor which should keep costs in control, you should never need to shop contractors on your own I wouldn't think.So in short, our policy is give us your preferred contractors upfront if you have them, but then we work all tickets to resolution including dispatch, and payment of invoices.This is of course for operational expenses.
Hitanshu Shah
PM has breached contract; legal options for Out of State Investor?
15 January 2025 | 7 replies
If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.
Sharad Bagri
Umbrella Insurance for partnership
2 January 2025 | 2 replies
That way you wouldn't need an extra policy.
Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
This in a neighborhood that is slowly appreciating, some renovated homes mixed in with older homes, but is street by street:Purchase price: $130,00001% rule: meets about 0.88% Down payment 20% and closing costs: $29,493Rate: 6.99% conventional 30 yearMonthly payment PITI: $1009 (was $859 until property taxes increased recently) Current rent $1200 (increased from $1150)Property management fee 10%: $120 (was $115) Net cash flow (if no repairs called in): $71 (was $176)Net rental income most months: $170 (first month rent), $935, $922, $1035 (full month rent minus PM fee) $567, $760, $307, $963, $1035 (full month ), $535, $925, $1035 (full month but now property taxes increased), $585.
Laurence K.
Police Bodycam footage
10 January 2025 | 5 replies
Often times police departments have policies in place REQUIRING officers to activate body cameras when interacting with the public.
Jay Hinrichs
LA fires Wholesalers Beware
20 January 2025 | 19 replies
The fire insurance companies dropped policies holders when they knew the fire was coming, in some cases, they're not even paying the full amount, and there's the case where some people didn't even have insurance.For those people who just want to walk away from this entire experience, is it possible that morally-driven wholesalers can help them in a situation where not only the California government failed them, but also the Insurance companies?
Alyssa Dinson
What has been your experience with out of state investing?
16 January 2025 | 78 replies
My net rental income was $300 to $500 a month, not enough to cover the mortgage payment (PITI) so I'm negative on what was supposed to cash flow on paper.
Brian Willie
Selling Property Owned Subject To On Wrap-How To Structure?
29 December 2024 | 6 replies
The total payment is about $2200 with PITI.