John Brown
Renting short term on a sub leased property: Is it much harder? (rental arbitrage)
8 January 2025 | 15 replies
Use STR-specific insurance to protect both parties and automate operations with platforms like Airbnb, TurnoverBnB, and PriceLabs.Taxable income from the STR must be reported, but you can deduct related expenses like cleaning, utilities, and furnishings.
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.
Felisha Derrick
Beginner situation/Hubris/What would you do?
6 January 2025 | 9 replies
The mortgage was also raised due to insurance issues to about $1,950… so I am not making much cash flow, more like a cash trickle.
Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
I flew there and walked the house, looked pretty turnkey rental grade): $1029 GFCI outlets, downspouts and guards, drywall, paint, bathroom vent$4615 (new AC unit since unit was stolen before tenant moved in, didn't file insurance claim because didn't want my premium to go up) $600 (water line, gas line, P trap)$60 lawn mowing$112 thermostat repairMy opinion is that Class C is better for local investors who are on site and know how to do repairs and self manage.
Travis Daudelin
Renting to an in home health care agency?
25 December 2024 | 12 replies
They have their own insurance.
Gaetano Citera
New construction: Pre Fab or Stick Built
25 December 2024 | 4 replies
While the home needs to be paid for prior to delivery in many cases, the transport companies carry the insurance from the factory to the site.
Irina Badal
Living trust/personal residence trust
24 December 2024 | 5 replies
Unfortunately, insurance may decline for one or another reason.
Joel Oh
Focus on one platform
2 January 2025 | 50 replies
I handle hundreds of insurance claims, resident compensation, crime, and pricing… so I am very familiar with the system and reasons behind policies.
Joshua Parsons
Really long distance investing (International)
19 January 2025 | 46 replies
Corporate Income Tax are 24%, however banks and insurances companies are higher with an additional 3.5% Mortgage in ItalyIt's also important to note that there are no Mortgage companies here, everything is done with 1 of the very few banks here.
Alex Tang
Advice on handling homeowners insurance for a rental damaged in a fire
12 December 2024 | 2 replies
The public adjuster will argue with the insurance adjuster and get you the best payout.