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11 July 2024 | 6 replies
My carrier, Mercury, opted not to renew because my buildings turned 60 in 2022 (policy cost = $11K).
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12 July 2024 | 11 replies
Essentially delaying the eviction and costing us additionally vacancy.
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10 July 2024 | 3 replies
Some areas have specific departments or webpages dedicated to housing or zoning regulations that can provide detailed information.Another effective approach is to connect with local real estate agents or property managers who specialize in short-term rentals.
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12 July 2024 | 3 replies
I'm looking to deduct HELOC interest for costs related to making improvements on a primary home that is also used as a rental.
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12 July 2024 | 10 replies
Im assuming it would be up to the sheriff in ur area to remove immediately or will tell u to write a 10 day notice letter stating to leave or sheriff will remove and up to 90 days in jail and fines and court costs.
12 July 2024 | 3 replies
My deductible is high, around $4,200.I'm confused about whether I should try to keep the costs under budget and avoid using my insurance.
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12 July 2024 | 5 replies
If I proceed with adding one unit, around 1500 sqft, the construction and approval costs may amount to approximately $450K, which would bring the total property value to around $1.35 million.Given that some three-unit properties in Canton have sold for less than $1 million in the last two years, I'm uncertain whether adding this one unit and renting it out would be a wise investment.My questions are:Is adding a single unit worth the investment considering the current market trends in Canton, MA?
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12 July 2024 | 4 replies
To save money on closing costs and interest.
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12 July 2024 | 11 replies
Be good with your numbers, those are: ARV (based on comps), repair costs and MAO which will allow you to squeeze in your cut in the assignment of the contract.
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12 July 2024 | 17 replies
Negotiating a security deposit amount is not a red flag for me, especially with over $10K in estimated moving expenses (professional movers) and move-in costs (1st month and security).