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19 May 2024 | 6 replies
Unfortunately, that won't matter as Fannie Mae and Freddie Mac, the Government-Sponsored Enterprises (GSE’s) that set the guidelines for conventional loans, which most lenders follow for other types of loans, too, require that a condo building’s master hurricane insurance policy provide 100% coverage of the replacement value for the building.
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23 May 2024 | 7 replies
In my local MLS, it may not be true in your area, there is a field that a listing agent can fill out to designate the home they are selling has a FHA, VA or USDA loan which by default would make it assumable.You can also reach out to your favorite local title company and ask if they can provide you with a search tool like TitlePro247 or provide you with a list of current on the market homes with a FHA, VA or USDA loan in place.
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22 May 2024 | 48 replies
Hi Sunny, I can tell you a lot about Upside Investment because this is the company I personally work for/with.
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22 May 2024 | 1 reply
The title/escrow company has already been chosen.
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22 May 2024 | 10 replies
Orlando is one of the most hot market in real estate, so finding the right property management company that handle your property in the most professional manner possible in all aspects is really challenging. you want a company that specializes at residential real estate either multi or single family and most likely serving the area that you are investing in.
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22 May 2024 | 1 reply
@Adam SchneiderRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder, etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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22 May 2024 | 2 replies
Not looking for a direct referral or recommendation but open a line of communication so I can express my interest and how I could contribute to their company.
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23 May 2024 | 43 replies
I think you have to have very strict payment policies (i.e. - zero tolerance for late) and enforce them to the letter.
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23 May 2024 | 13 replies
At my company we specialize in rental property management and we also would be happy to be a resource for tailored advice to ensure your future investments align with your financial goals.Feel free to reach out if you'd like to discuss further or if you were to need property management solutions in the future.
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20 May 2024 | 3 replies
And, since I can have an insurance policy on my properties, why would I buy treasuries?