
4 October 2024 | 12 replies
It's important to ensure that you can cover the HELOC payments from the income generated by the new property.

3 October 2024 | 6 replies
.), Designing and Furnishing (amenities, design, theme, linens, etc), and operating (Insurance, Property management or self-management, Tech & Tools, Cleaners & handy people, etc)All of these could be covered depending on who you work with that can cover each topic.

1 October 2024 | 6 replies
Cast iron waste lines become so tuberculated that waste can't pass through, or the joints fail and allow heavy root or soil intrusion.

3 October 2024 | 3 replies
At the same time no matter how much excess insurance coverage you obtain, there will always be a policy exception for gross negligence and even negligence will likely be covered only under reservations of rights meaning the carrier can opt not to provide coverage.

4 October 2024 | 4 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
4 October 2024 | 2 replies
@Moshe Marciano it will be up to the title or escrow company to allow the closing to take place by putting funds in escrow until resolution.Often, they will want 125-150% of the amount in dispute to cover additional interest charges, etc.If this is allowed, you can then hire an attorney to sue the PMC for slander of title.

4 October 2024 | 2 replies
From my employer, I have legal insurance through ARAG that covers 100% of attorney fees when buying a primary residence, filing fees are extra.

3 October 2024 | 21 replies
Cleveland is more of a cash-flow market while Columbus is going to be more appreciation heavy.

4 October 2024 | 9 replies
I have dozens of examples.You can get a better return in another market and use the additional income to cover the expenses of property management.

3 October 2024 | 7 replies
Trying to keep it as simple as possible, but cover the important stuff.