Laurence K.
Police Bodycam footage
10 January 2025 | 5 replies
the way to go about it is turn it over to your insurance and get the police report.. sometimes insurance will then subjugate the claim and go after the tenant criminally I had that happen on one of my rentals where the tenant did 40k in malicious damage on a new construction home I purchased in MS.
Kristen Swan
Asking Tenants for further information after being approved. ( I'm the Tenant )
20 January 2025 | 1 reply
For example, we need proof of renters insurance and proof they put electricity in their name.So, it seems odd that you are accepted but they keep wanting more information.
Alpesh Parmar
Need HELOC for a property under LLC
30 January 2025 | 21 replies
Great Lakes Credit Union HSBC 70%, for premier clients only Huntington 75% LTV Hurst Lending and Insurance Investment property HELOC in Texas.
Gregory Fluharty
House hacking setup: Refi current primary and split occupancy
6 January 2025 | 5 replies
I'm going through this with Pennymac ATM but will proceed with the utmost caution as even a perception of fraud would deter me.
Noel Coleman
Unlicensed & Uninsured Contractors
6 January 2025 | 7 replies
It's very cheap and not difficult to maintain bond/license/insurance.
Kieran Dowling
Refinacing a duplex
20 January 2025 | 5 replies
You'll want the rents to at least cover the monthly principal, interest, taxes and insurance (and HOA if there is one).
Dan N.
Can a Wyoming LLC own an investment property in ANY state?
9 January 2025 | 18 replies
The bottom line is this: Concealment is not asset protection, proper (time consuming and expensive, I know) management, and good, prudent, practices (ditto), WHICH ARE ADHERED TO, and insurance (expensive), are needed for asset protection.
Jonathan Small
50% Rule vs DSCR > which do you use to calculate a good rental
15 January 2025 | 4 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
Lorraine Hadden
First Time Homebuyer (FHA) vs. Conventional Purchase Option
13 January 2025 | 2 replies
In this case, your monthly payment with 20% down will have a good MARKET rate if your DTI works with a much lower month payment and no mortgage insurance(MI).
Wade Wisner
Help with Note/DOT investing
28 January 2025 | 14 replies
That gives me some ideas of how to proceed with my note investing.