Chris Igard
Should I buy down the rate and lower closing costs on a new construction subdivisio
4 August 2024 | 4 replies
Pic 1 is the interest rate paying 10 percent down and the lender giving us 6 percent in closing cost coverage.
Cliff H.
Hybrid PM (Hemlane/Latchel/NestEgg/CareTaker) for HOAs?
3 August 2024 | 3 replies
Contact the CS Outsource answering service team that does our late-night support.They help with 24/7 emergency support, overnight coverage, troubleshooting issues, dispatching approved vendors & local staff, tracking and managing maintenance work orders, and other back-office tasks.
Carlo D.
Is the Wyoming LLC route a valid way to protect yourself?
2 August 2024 | 8 replies
Having a complex structure adds annual costs, but it might make more sense to enhance your insurance liability coverage instead.
Michael Calvey
Unpacking the Rent Crisis: It's Not Just Greedy Landlords..
6 August 2024 | 54 replies
They were reducing the premium slightly for this loss of coverage.
Chris Nelson
Alternative to ABODEA (weekend and evening support)
2 August 2024 | 1 reply
Happy to make an intro to our answering service team that does our late-night support at CS Outsource.They help with 24/7 emergency support, overnight coverage, troubleshooting issues, dispatching approved vendors & local staff, tracking and managing maintenance work orders, and other back-office tasks.
John S.
Is this the proper way to run a portfolio with multiple LLC's?
4 August 2024 | 5 replies
Keeping each LLC’s financials distinct helps prevent this risk.Insurance: Having adequate insurance coverage for each property and ensuring it aligns with the LLC structure can also be a vital component of risk management.Legal Counsel: Regularly consult with your real estate attorney to ensure your structure and practices align with your protective strategy.In conclusion, while running everything through your holding company might simplify bookkeeping initially, consider long-term implications and ensure you are safeguarding each property and your overall investment effectively.
Christopher "Bear" DeSanctis
DSCR Ratio - how is NOI estimated
2 August 2024 | 10 replies
Hi @Christopher 'Bear' DeSanctisThe debt service coverage ratio is derived from measuring the PITI (+ Association dues if applicable) versus the gross monthly rental income.
Daria B.
need insurance options
1 August 2024 | 1 reply
Hi,I need some guidence.Insurance premiums are beyond ridiculous here in FL.What alternatives are there besides full coverage on a rental with no mortgage/note?
Agustin Peirano
What type of insurance I need to rent my Townhouse/Condo?
1 August 2024 | 1 reply
The quote looks okay, but you just need to make sure that the building coverage amount is at least 20% of the loan amount.
Ali Nichols
Has anyone tried out Roam (Assumable mortgage startup)
1 August 2024 | 22 replies
The servicer may have their own fees, rules, and disclosures.Agent crosses a line to disclose rates, legal ins and outs, terms, and disclose the loan which even a broker license doesn't cover. Agent