Danth Aman
Real estate agent is representing buyer and seller. Seller is the real estate agent.
21 January 2025 | 8 replies
If I were to do a traditional VA loan, the loan would be close to 7%.Below are what I understand to be the numbers so far:Seller purchased the property in DEC 2022 for $1.13M (owned for 2yrs)Current estimates are Zillow= $1.26M/ Redfin=$1.323MOur agreed purchase price is $1.25MSeller financing would be $120k @ 8% for 3yrs.No commission cost.Small percentage of fees/ costs in the tune of 1.5% of loan amount.Let me know what you think and if you need any additional info.
Ryan Vienneau
Buildium users - how do you handle credit card tracking???
14 January 2025 | 8 replies
@Ryan VienneauAre they able to set-up your credit cards as additional "accounts payable"?
ZZ Song
Any experience with Prime Corporate Services?
20 January 2025 | 31 replies
There are also companies that will do it for $100-300 flat fee or $30-50/yr.
Jeet Sangha
Did You Know? Trust-Owned Homes May Face Insurance Issues
27 January 2025 | 0 replies
If a home is titled in a trust (or an LLC), the trust or LLC should be added as an additional insured to avoid potential disputes during a claim.To confirm, we reached out to an insurance carrier, who clarified:“A carrier can potentially deny a claim if the home is titled in a trust or LLC but the insurance policy is under the individual homeowner's name.
Joel Bechtel
Seeking Advice on DIC and Excess & Surplus Coverage for 7-Unit Property
7 February 2025 | 2 replies
However, Allstate is capping their landlord insurance at $750,000, which creates a coverage gap I need to address.I’m looking for options to add at least an additional $750,000 in coverage and am wondering if anyone has experience with Difference in Conditions (DIC) coverage or Excess and Surplus policies.
Kristen Haynes
Lowe's Is Having A Fantastic Sale On Appliances For President's Day Starts Today!
6 February 2025 | 0 replies
And if you join Lowe's Pros, you'll get an additional discount (it's free to join).
Joshua Martin
Forced Equity Cash out
31 January 2025 | 6 replies
Thats a great point about the HELOC fees.
Taylor Hughs
Scaling: Why should I buy single families first then multifamilies later?
7 January 2025 | 8 replies
Each closing, whether multi-family or single family, is going to have some of the same costs: title insurance, attorney fees, inspection fees, appraisal fees, fees associated with financing, etc.
Josh Buchanan
Any reviews of RentRedi?
19 January 2025 | 51 replies
How does rentredi handle late fees?
Ashley Shearer
Property Mgmt - First Right of Refusal Program for Maintenance?
17 January 2025 | 3 replies
We also require that we be added to the contractor's insurance as Additionally Insured, so we're covered if they cause damage or liability issue.3) If the property is occupied:- One of our people MUST accompany their person (and we charge for this). --- We were sued many years ago, along with the owner, because tenant claimed owner's contractor sexually assaulted them!