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20 February 2025 | 11 replies
This has led to increased insurance costs for some homeowners, while others have been mistakenly zoned into high-risk areas despite never experiencing flooding.If you believe your property was incorrectly placed in a flood zone, you can:✅ Request a Letter of Map Amendment (LOMA): If your property is above the base flood elevation, you can apply for a LOMA to remove it from the flood zone designation.✅ Get an Elevation Certificate: A certified surveyor can assess the elevation of your home, and if it meets FEMA’s criteria, your flood insurance premiums could be significantly reduced.✅ Appeal with FEMA: If you have evidence that your home is at a lower flood risk than designated, you can file an appeal with FEMA to reclassify your property.4.
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24 January 2025 | 13 replies
Here are additional comments:1) Buying out of state removes any local knowledge you have from assisting in your success, including knowing areas, people and costs. - We always recommend buying your first rental locally if possible and DIY managing to learn as much as possible before investing OOS.2) Lots of crooks and incompetents in the PMC world:( They both cost you money.- As already stated, you'll have a small portfolio.
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22 January 2025 | 22 replies
That kitchen looks good but needs more stuff so families can cook and eat there.I think you guy look good in the photos, but it can be a turn off to prospective guests so I would remove those.
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21 February 2025 | 102 replies
If you were trying to sell it down the road to a a family and not to Homeroom or another investor that liked the layout, you would likely need to remove the co-living additions to make it more of a standard home.
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23 January 2025 | 52 replies
I have seen several posts removed just because it was a problem post, but it was censorship.
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25 January 2025 | 5 replies
I frequently see where one party is awarded the property and debt and is mandated to sell or refinance it within a certain timeframe to have the other party removed from the note/mortgage.
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26 January 2025 | 17 replies
The first closed shop 2 weeks into my mentorship and stole my money and removed all of their content from online.
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20 February 2025 | 21 replies
When a tenant causes problems, I can remove them six ways from Sunday, typically much faster than the courts could do it.Financial Management & Reporting: It may seem small, but accurate accounting is important and not in the tool box of most investors.Market Knowledge & Rental Rate Optimization: Understanding the market is critical to maximizing returns.
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29 January 2025 | 12 replies
I removed our debt (P&I) all other expenses have been factored.
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20 February 2025 | 23 replies
We have 6 Co-Living properties that we purchased with partners in Colorado Springs.In particular, Colorado recently removed occupancy limits, statewide, allowing many unrelated people to live together in a single family house.