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5 February 2025 | 5 replies
For example, what is the monthly revenue for the property and what are the "All In" expenses, including mortgage, taxes, insurance, utilities, repairs, etc...
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23 January 2025 | 5 replies
Only a few simple documents are required, including a valid passport, birth certificate, and proof of address.
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4 February 2025 | 10 replies
With a private auction of an already foreclosed property, you will usually be allowed as part of the closing to have a title search done and to buy title insurance.
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26 January 2025 | 5 replies
Here in the USA you need what's called a "construction loan" and it's also very hard to find a company that will insure you if you're a newbie.
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18 January 2025 | 5 replies
You can also hire a real estate attorney off of UpWork or Fiverr to review the documents and give you an opinion just to be sure.
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15 January 2025 | 7 replies
Demand termination of the contract and transfer all documents, funds, keys, and anything else they have to you or the new PM no later than [DATE].
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20 January 2025 | 0 replies
The property was rented and generated $160 cash flow after mortgage, taxes, insurance and property management fees were paid.
8 February 2025 | 9 replies
For this reason, I don't see there being a good pool of tenants or a ton of demand considering the economy is so slow and people who spend time and $ there typically have vacation homes there.The fires certainly have not helped, and I know they have had moratoriums for Home insurance in the region.That being said, for a place to purchase acreage, it still is relatively cheap compared to that of other wine country atmospheres and can have all the same charm.
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16 January 2025 | 1 reply
.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers.
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27 December 2024 | 1 reply
Quote from @Carl Rowles: When you insure a SFH rental property, do you try to adjust and of the coverage amounts?