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8 August 2024 | 2 replies
In terms of your grandfather living there as long as he's not the owner having a dwelling fire/rental property insurance policy is appropriate.As @Greg Scott pointed out he should have a renters insurance policy whether or not he's actually paying rent.In terms of liability coverage, that depends on what you have to protect so there's no one-size fits all approach.
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7 August 2024 | 13 replies
@Kyle J it's all right to have ungrounded outlets as long as they are 2 prong receptacles?
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8 August 2024 | 2 replies
In my state, you can be a licensed inspector as long as you have a pulse.
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8 August 2024 | 0 replies
Improving public transportation and ensuring it remains accessible and fare-free is a positive step, but it's not enough if residents still need to commute long distances for work or basic amenities.Investing in local infrastructure, encouraging businesses to set up in Worcester, and providing incentives to attract and retain jobs within the city are essential steps.
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7 August 2024 | 15 replies
I can REFI when rates get low again- but there is no telling how long that will be and it costs 5-10k to refi..
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8 August 2024 | 6 replies
@Christopher GarciaReally depends as there will be investors who will want debt as long as there is no debt in front of them as well as those that want equityFor debt typically there is no upside but however you want to do it is up to youIn option 1 you note 80/20 equity split then 70/30 profit split.
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7 August 2024 | 3 replies
Google "skip tracing" and hire a virtual assistant or call center to start dialing any property that last transacted for under a certain price point.
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7 August 2024 | 3 replies
It's a historic house and I turned it into a multifamily, got the rehabilitation certified by the NPS so I got a bunch of tax credits, and it's been a cash flow cow for the last two years.
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5 August 2024 | 21 replies
But the very last thing I would do is put the whole $1 mil into real estate if that’s all you have.
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8 August 2024 | 19 replies
I've got a single family home rented out in San Jose, CA and unfortunately my long term tenant has stopped paying rent and is ghosting me.