21 October 2024 | 1 reply
The inspector checks the plumbing and electrical systems, the roof, the foundation, the HVAC system, and the general structural condition.
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23 October 2024 | 3 replies
Every investor is different on what they want covered, so really you just need a good agent who will discuss the coverages with you when you set up the policy.
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23 October 2024 | 7 replies
@Tony Thomas no advantages that come even close to covering all the expenses and paperwork headaches!
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24 October 2024 | 14 replies
If it is attached to the privately owned property it could be covered very easily and in some cases the coverage would be included in a standard homeowners policy.
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23 October 2024 | 5 replies
The great thing is, if one unit is vacant, you’ve still got others to help cover the mortgage.
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24 October 2024 | 12 replies
@Tony Thomas no advantages that come even close to covering all the expenses and paperwork headaches!
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23 October 2024 | 1 reply
Hello all, I'm curious how much the HUD will actually pay compared to the 40th percentile rents posted on their site.I'm aware of the different amounts each tenant will cover in terms of their portion of the rent, but I'm not sure if the HUD will actually agree to my rent price.I've been taking the stated FMR for the bedroom count, and taking 20% off the number stated (to be conservative as to what the HUD will accept).
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24 October 2024 | 11 replies
Keeping good relationships with lenders in your buying niches can help you have yourself covered without wasting a ton of time!
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24 October 2024 | 18 replies
., payroll, invoicing for non-rental income), you might want to keep both.Ultimately, it depends on your specific needs:For property-specific accounting, Buildium is likely enough.For broader business finances, consider running both or consulting a CPA to see if Buildium covers all your requirements.
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23 October 2024 | 7 replies
In theory, this is what I'm proposing -- I'll fund 20% and cover closing and rehab costs.