- We send bi-weekly reports with: Webhits, inquiries, showings scheduled, showings completed, list of applications and status.6) How often has your PMC discussed price reductions?

In addition to your down payment, plan for closing costs (around 2-5% of the purchase price) and set aside at least 3-6 months of expenses for repairs, maintenance, and vacancies.

If a home is titled in a trust (or an LLC), the trust or LLC should be added as an additional insured to avoid potential disputes during a claim.To confirm, we reached out to an insurance carrier, who clarified:“A carrier can potentially deny a claim if the home is titled in a trust or LLC but the insurance policy is under the individual homeowner's name.

Additionally, the contract with the wholesaler is set to expire on Monday the 27th.

I'm terrified enough of doing this out of state, so I am not interested in additional complexities with BRRRR.

For example, I see newer investors attempting wholesaling or bird-dogging for other investors to generate additional income to invest.

You can prevent this by requiring them to add you as "additional interest" on their policy.

I do have additional coverage for the sewer since I knew it may have issues before I bought the property. 

Very interested in the Cleveland/Ohio market in addition to a few other cross-border cities closer to Toronto. 

Unless the seller has to be immediately out of the mortgage I see sub-to as an excellent cost reduction strategy. just reading between the lines.. but if the bank says they will take 91k for it sounds like the mortgage is in default so a sub to might not be possible.