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9 September 2024 | 22 replies
This test ensured that 75% of the total monthly rent for the building would cover the mortgage, taxes, and insurance on the property.For example, consider a three-family property generating $2,000 per floor, totaling $6,000 in rent.
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6 September 2024 | 1 reply
I’m thinking about moving to Florida and renting out my house in Poconos to cover a fraction of rent in Florida.
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7 September 2024 | 3 replies
The insurance agent told me that insurance does not cover intentional tenant damage; it is for "accidents" only.
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10 September 2024 | 19 replies
My apprasail and inspecton report cost will be at risk but I'll be covered if the deals blow up.
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7 September 2024 | 15 replies
@Eric ChanYou are not due any lost profit They will resolve the lien so you have clear title If it’s a title claim and they have to do quiet title it can take over a yearThey will cover the costs to resolve the lien or pay it off that’s it.
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7 September 2024 | 4 replies
I used to arbitrage my second home's HELOC to cover expenses when rates were much lower (prime + 0.75) but now it's expensive and too risky, IMHO.
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7 September 2024 | 5 replies
We cover all the ins and outs and detail out the risks associated with lending so you can make better decisions about how to proceed and protect your principal investment!
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6 September 2024 | 14 replies
Contract didn’t cover.
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7 September 2024 | 11 replies
The relevant license information can be found here: You can get GL from a service like Next or some other non-insurance insurance company (meaning they provide a COI but don't cover anything should something happen.
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6 September 2024 | 0 replies
Check Fiduciary Bonds: Ensure payroll services are covered.5.