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4 November 2024 | 26 replies
The longer the term, the the borrower's ability to pay and the more stable the payment history, the lower you can price the earned interest rate on the note.
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6 November 2024 | 10 replies
It's a declining biz model.....the city is trying to crack down on them, and insurance co.s are pushing back on the testing charges (which is where the profit is).
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5 November 2024 | 4 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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2 November 2024 | 11 replies
However, if you're looking for a more stable property then I would agree with the others and suggest a househack of maybe a triplex or quad.
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31 October 2024 | 12 replies
Umbrella Insurance: Yes, having umbrella insurance is a good idea.
29 October 2024 | 8 replies
Any recommended providers I should run quotes through for homeowners insurance?
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2 November 2024 | 1 reply
I'm hiring a property manager and the management contract requires a waiver of subrogation in favor of the property manager. I think I can get a policy online with the other requirements, but this waiver seems to be m...
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6 November 2024 | 9 replies
The you drain all of your savings unless you have more and how will you pay your taxes and insurance?
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6 November 2024 | 8 replies
There is no such thing as a "guarantee" only the perception of.if it's a concern in your offer, find out what it would cost to carry a bond or insurance product for the seller.
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4 November 2024 | 7 replies
Key things to keep in mind with your numbers are:Rent should be > PITI (principal, interest, taxes, & insurance) + maintenance + vacancy + capex + property management fee.