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3 October 2024 | 6 replies
Monthly payment comes to $917, plus another $350 for taxes and insurance so ~$1280/month due to the seller.Using a private money lender to fund the deal, borrowing ~$130,000 @ 10% interest rate, interest only, principal + interest paid as a balloon after completion or 12 months.House is a 3br/1ba 950sqft. near a university.
2 October 2024 | 28 replies
There is an alcoholic exclusion in most, if not all STR insurance policies, so no I would not recommend it.
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27 September 2024 | 4 replies
I'm looking for a good insurance agent for landlord insurance policy!
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2 October 2024 | 0 replies
We're talking about title company reps, real estate transaction attorneys, SEC attorneys (yeah, the fancy ones), insurance agents, and lenders who make magic happen.
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1 October 2024 | 5 replies
We have a handful of properties in the cape coral area that we're trying to find cheaper insurance coverage for.
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4 October 2024 | 10 replies
While I do tell people they should have travel insurance, especially planning a trip to SWFL during hurricane season, I also try to be understanding under special circumstances.
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1 October 2024 | 0 replies
My siblings and I are building a home in North Port, FL.Here are the numbers:Finished Home Value: $412KishLand Cost: $19,750.39Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!!
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2 October 2024 | 6 replies
My hangup is that even though the HOA is not allocating $85k for the reserved this year, they will have over $200k in reserves (over 20% of the $850k budget) Everything else has been cleared by the underwriter (insurance policy, occupancy rate, ect..) but I am concerned this deal will fall through because of this issue.
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1 October 2024 | 5 replies
@Bradley MillerYou can get out of your lease without penalty but any damage you claim to your personal property is the responsibility of your renters insurance and all claims should be filed to your insurance company.
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1 October 2024 | 29 replies
Without the sprinkler permit you can't pull an underground plumbing nor interior plumbing permit and if you're amending the plans that could hold up both of those permits, which could stop your build in its tracks, depending on when the mistake is caught.