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8 January 2025 | 34 replies
They evaluate mostly as a RE Agent would, selling to a homeowner.
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15 January 2025 | 15 replies
The loan is listed on the HUD and they provide lender's title insurance.
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6 January 2025 | 25 replies
In speaking with our insurance agent, we decided not to make an offer.
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24 December 2024 | 1 reply
I just learned that builders risk and liability insurance coverage can cease once a CO is issued for a new build.
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22 January 2025 | 56 replies
Health insurance, 401k, etc., and usually 8am-12/1pm daily.
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6 January 2025 | 7 replies
It's very cheap and not difficult to maintain bond/license/insurance.
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8 January 2025 | 10 replies
That's easy compared to trying to fight and erroneous $13k water bill (a real issue we had) or an insurance policy tripling (that too).
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4 January 2025 | 12 replies
I always wanted to be in real estate as an investor rather then home owner.
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18 January 2025 | 6 replies
Some numbers:Expected 2026 income after raising rents to market value and assuming 7% vacancy: $144k.Expenses: $14k property management, $18k property tax, $10k insurance, $10k utilities, $8k in repairs/maintenance/advertising/admin/etc: Total operating expenses: $60kNOI: $84kBased on 6% cap rate that brings the valuation to only $1.4m, or $1.5m based on 5.5% cap rate.
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6 January 2025 | 5 replies
They have strong financial stability, excellent credit, and are experienced homeowners.