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28 August 2024 | 22 replies
The "other structures" were only 10K, while everybody else goes by 10% of the coverage (on 340K coverage of the main structure, you get 34K other structures).The ugly part - much higher deductibles: $5000 general deductible and 3% wind/hail deductible (on a 340K coverage it comes to a whopping $10K+ deductible...makes you understand their "largesse" on unnecessary higher coverage...if they know the rebuilding cost is 250K, they can give you 300K+ because they will not have to pay more than rebuilding cost, but it pushes the deductibles higher).We concluded:1.
26 August 2024 | 5 replies
Usually these fall into 2 groups: Additional protected classes, mainly source of income, and inspection/registration requirements.
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29 August 2024 | 6 replies
I'm 24 and have been in the industry for a bit, mainly focusing on the Indianapolis market, particularly with new build duplexes that offer solid cash flow and low maintenance costs.To answer some of your questions:Finding Deals: Platforms like BiggerPockets, Zillow, Redfin, and LoopNet are great starting points for finding deals online.
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24 August 2024 | 7 replies
That is the biggest hurdle that beginner investors have when starting out.
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25 August 2024 | 5 replies
In your personal strategy are you still renting out the main floor rooms in a house hacking strategy?
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25 August 2024 | 10 replies
If I read your post correctly, there is a main meter that is read and a submeter that measures what goes to the second unit.
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26 August 2024 | 10 replies
Our main hesitation is simply that we feel that pets will cause additional damage, odors, etc..If we were to consider this, what are you currently charging for fees, either one-time or additional monthly fee(s)?
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26 August 2024 | 14 replies
Story allows for manual expense tracking towards the bottom of the main dashboard.
25 August 2024 | 1 reply
I am building a vertical addition above the existing main level which would have vaulted ceilings OR alternatively the front half would be vaulted and rear where the bath/closet is situated would have flat ceilings with rooftop deck above.
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23 August 2024 | 2 replies
There are several reasons why you might like private lending when compared to traditional banking.We provide much faster approval, there are fewer bureaucratic hurdles in our process.