Account Closed
"Additional Insured" clause in PM contract
17 January 2025 | 7 replies
I appreciate it.Aside from the option to be added as 'additional insured' they have the option to purchase a "ProtectionPlus Bundle' from Surevestor, which includes several things like protection against eviction costs, wilful damage to property, over a $1 Million third party liability protection, loss of rent protection for 25 weeks etc.This is $50/month.
Steven Nguyen
Advice needed--BRRR- SFH
21 January 2025 | 4 replies
Most hard money lenders require 10-20% down payment of the purchase price or total project cost.Holding Costs During Rehab: Yes, you'll need to cover carrying costs, including hard money interest, utilities, taxes, and insurance.
Murtuza Khoja
Considering buying a STR in Kissimmee
29 January 2025 | 3 replies
Theming can be $5-10,000 per bedroom (includes whole house decor, so a 5 bedroom could be $50,000 for the entire home furniture) depending on your imagination and quality.
Fara Heath
Best way to finance this deal?
10 January 2025 | 1 reply
Secondarily, if I had a buyer for the land before I close, could I structure the purchase to include them without doing a wholesale deal?
Carolina Solorzano
Anyone investing in STR in Niagara Falls?
14 January 2025 | 17 replies
Many local businesses that operate in the downtown area by the state park (including some famous attractions) close for the winter or reduce hours.
Jacob Havlovick
Duplex House Hack
22 January 2025 | 8 replies
You should track your own units expenses as well so when you move out, you can quickly reclaim any expenses or depreciation you built on the personal unit when converted into a 2nd business unit which would then be included on your schedule E.You also write off half of your property taxes, insurance, HOA dues, or any shared expense.
Gloria C.
Best zip codes for investing in Huntsville?
10 January 2025 | 11 replies
. -- lots of factors to consider (including your personal strategy), but here are a few high level metrics to compare the most populous zip codes in HuntsvilleWelcome to drop me a message if you are interested in checking out the full report
Sam Chicquen
Creative Financing & Seller Financing?
28 January 2025 | 15 replies
Terms such as interest rates and payment schedules are typically negotiable.Combining creative financing with seller financing can include strategies like:Subject-to and Seller Financing: Taking over the seller's mortgage and financing the equity portion through the seller.Lease Option: Renting with an option to buy while negotiating seller financing for part of the purchase.Wraparound Mortgage: Keeping the seller's existing loan while they finance a new loan that includes the balance.To proceed, consider connecting with experienced investors, understanding local legal implications, and attending networking events to gather insights.
Kay Kim
What’s your experience with Wagner Nolasco B2RDirect
2 February 2025 | 178 replies
Several of us, myself included, were referred by Norada (Marco Santarelli).
Jerry Zigounakis
First STR Advice
28 January 2025 | 10 replies
Do everything right: To include but not limited to pro photos, professional quality design, durable furnishings.