
16 November 2024 | 3 replies
I'm covering the leverage and have reserves in place for any capex expenses.

17 November 2024 | 33 replies
Quote from @Chris Kittle: Quote from @Trevor Finn: Hi @Chris Kittle,Your list covers the essentials!

15 November 2024 | 2 replies
It didn't occur to me when I shopped for this policy, but will our rentals even be covered due to different ownership?

19 November 2024 | 19 replies
Insurance companies often pay for temporary housing for families displaced by things like fires or floods, and they usually cover full rent!

15 November 2024 | 8 replies
For a flip, you'll want to get a builder's risk policy, which covers the property during renovations, including any damage from fire, vandalism, or weather while it's vacant.

18 November 2024 | 14 replies
Hey Dave, since I have mortgages on these properties, would it make sense to bring cash to the exchange to cover the mortgage amount (or pay off the mortgage before doing the 1031) and improve the cash flow for the newly acquired property?

14 November 2024 | 10 replies
When you go to sell, you're subject to tax on the amount of profit between your adjusted basis and sale price, not your purchase vs sale price.Recapture is NOT repaying the depreciation.

15 November 2024 | 13 replies
There's nothing left to cover expenses so you better have deep pockets to cover maintenance, admin, turns, etc.If you think you can quickly improve rents to a point that covers your expenses and pads your pocket a bit, then maybe, IF it hits your return threshold.If you're buying cash, then the mortgage is not a factor.

14 November 2024 | 4 replies
and how do i cover this up?

14 November 2024 | 3 replies
I know there's someone who is an expert here on this subject.