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7 November 2024 | 1 reply
$30k in equity and 100% cash flow besides taxes and insurance.
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8 November 2024 | 2 replies
Or if my landlord homeowners insurance policy will cover this?
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7 November 2024 | 27 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.
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6 November 2024 | 54 replies
if it burns down, I will have insurance.
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5 November 2024 | 15 replies
Just get extra liability insurance on them.
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7 November 2024 | 2 replies
I would include at least the heavy hitters like title insurance, transfer taxes, appraisal, and paying my closing agent.
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6 November 2024 | 5 replies
If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.
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7 November 2024 | 8 replies
At least 2-3 times each week, I get a referral or lead for someone wanting to buy an investment property with 5% down that cashflows $23.00/month with an insurance estimate that is half of what's realistic.
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7 November 2024 | 6 replies
We have property taxes and insurance to pay.