
16 October 2024 | 7 replies
They can make sure your set up correctly with entities and taxes, plus since they're an education-based firm, you'll learn all the things you want to know about.

17 October 2024 | 6 replies
This isn't really that earth shattering, just kind of annoying.The title insurer will usually require the scope of work and any lien waivers to issue certain endorsements required by lenders for recently rehabbed/constructed properties.Permits are all public record anyway - and often double checked by the appraiser.So - while it is kind of annoying, a lot of this work is already required to complete the transaction anyway.Just my thoughts.

17 October 2024 | 16 replies
Common reasons:1) Change of closing date (instead of closing end of month, if it gets pushed to beginning of next month, prepaid taxes, interest and insurance will increase because you have through to months end)2) Appraisal comes in low and LTV goes up.

16 October 2024 | 8 replies
I contacted a title agent, and used her expertise to find an investor friendly agent, a lender who could close, insurance etc.

15 October 2024 | 24 replies
Did you hire a public insurance adjuster?

17 October 2024 | 5 replies
Lenders title insurance policy should be obtained and all documents properly prepared and filed accordingly.

12 October 2024 | 2 replies
1) Make sure STR is allowed. 2) Get more and the correct forms of insurance to go with your umbrella policy. 3) Skip the LLC.

20 October 2024 | 84 replies
I am firmly in the paid off category less work myself..

17 October 2024 | 6 replies
@Dayana Castellon the only marketing that would make sense is marketing Airbnb & VRBO are NOT covering already.Maybe market directly to insurance companies looking for rentals for their clients needing temporary housing while their fire-damaged home is being repaired.Corporate travel departments might be another option.Hospitals with resident doctor programs.The challenge will be doing this marketing efficiently enough to make it worthwhile.

18 October 2024 | 5 replies
The area looks to be a decent area for STR rentals and has potential to be a great investment if that goes well, we won't have a mortgage on the property so outside of taxes/insurance/utilities it should be easy to cash flow.