
5 February 2025 | 38 replies
And there is a constant mention of Guaranteed returns there is no Guarantee unless its the federal govmit on 250k or less FDIC insured .. this was simply investor greed.. investors did not understand what they were investing in what the risks were and were blinded by the returns offered.. no one put a gun to their head.. investor make bad investments all the time..

20 January 2025 | 7 replies
Get replacement cost hazard insurance along with an umbrella policy of at least $1M, probably double in your area.

20 January 2025 | 2 replies
Should the Owner require the Manager to make unscheduled visits to the property(insurance proposes) above and beyond the duties outlined in this Agreement, a fee of $75 +GST will be charged per visit.Thoughts??

5 February 2025 | 54 replies
It will also insure that you are able to find the right submarkets in thew area that you are looking.

20 January 2025 | 7 replies
But IRS allows an IRA to be invested in anything except life insurance and collectibles.

16 January 2025 | 4 replies
Transparency and professionalism are core to how we operate, and we ensure all properties have clear, insurable titles before closing.

20 January 2025 | 1 reply
For those interested, a combination of mortgages with no “due on sale” clause, mortgage companies loose due diligence, and title insurers willingness to “turn a blind eye” to practices that wouldn’t pass scrutiny now, resulted in tactics like the “second mortgage crank” which not only allowed investors to purchase properties with no money out of pocket but allowed investors to actually walk away from closing with “cash in their pocket”.

21 January 2025 | 8 replies
These programs offer options for less money down and in some cases DPA - Down payment assistance.As a banker for over 18+ years I am very skeptical when I hear a new name in the business only because its become tougher to lend with all of the new laws and credit/insurance requirements and regulations.

22 January 2025 | 12 replies
A good property manager can help with tenant screening, enforce lease terms, and handle evictions more efficiently if it comes to that.Require a Larger Security Deposit: Within the bounds of local regulations, a larger deposit can provide a cushion in case of damage or unpaid rent.Consider Rent Guarantee Insurance: Some companies offer insurance products that can cover lost rent in case of tenant default.

7 February 2025 | 14 replies
Plus I didn't include the Taxes and insurance for an ADU.IMO, it makes sense if you have the right sized property and a willing to think long-term.