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5 January 2017 | 13 replies
Passive house building standards are aiming a low but not zero energy costs.
9 October 2016 | 3 replies
The syndicate will be a pretty standard one so I don't imagine I will need a large firm to handle it.
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12 October 2016 | 15 replies
I asked a title company this same question and they said I could somehow clear the cloud on the title and then buy an insurance for it.
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12 October 2016 | 34 replies
Originally posted by @Ali Boone:It's definitely not necessary to go visit itThis is the standard line used by turnkey providers, referrers and marketers.
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6 October 2016 | 0 replies
Insurance is $50/mo and the taxes are $60/mo.
23 October 2016 | 9 replies
Do these number Monthly Gross Rents $ 4200Monthly Expenses Vacancy $ 336 (8%); (including here since 50% rule includes vacancy as part of expense) Prop Mgmt $420 (10% of gross rents) Insurance $208 ($2500 yearly; quoted by insurance agent) Prop Taxes $680 (2.9%/year of assessed value; actuals; eats up 15% of gross rents) HOA fees $330 Maint Reserves: $420 (10% of gross rents) Maint/Repairs $84 (5% of gross rents)Total Expenses : $2478 (59% of gross rents) NOI: $1722 Mortgage: $1215 (25% down @ 5% interest)Approx Cash Flow: $507/month (about $125/unit)Cash-on-Cash: 7.2% (Assumes 25% down + 3% closing costs as initial cash requirement)Thanks,Jacob
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9 October 2016 | 9 replies
I'm not an expert but do have firsthand knowledge about asset protection, insurance agents, contractors, etc.
4 September 2019 | 6 replies
Title companies are in the business of issuing insurance, providing settlement services & acting as an escrowee in certain circumstances.
9 October 2016 | 19 replies
Also you bring up a great point, post it in the housing section in sure you will get a response quickly.
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21 October 2016 | 17 replies
I opted for insured closing instead of a QC.