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9 September 2018 | 8 replies
@Kai Van LeuvenIt’s sounds like you’ve gotten all the low hanging fruit, another couple things that come to mind Is reducing boring expenses that people typically dont shop or spend alot of time addressing;-taxes ( I don’t know how tuned in the city is to your remodel but you want to spend a little effort ensuring you don’t get hit with a property tax increase )- I’m not sure the type of tenants your looking to attract but a playground might go a long ways to adding value-Insurance ( anything you cad do to reduce your insurance?
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9 September 2018 | 1 reply
You have no expense for insurance, repairs, vacancy, or HOA this is a townhome so I am going to assume it has HOA.
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10 September 2018 | 18 replies
He is one of the buy for cash guys . trying to wholesale . and he suppose to insure the title .
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16 September 2018 | 6 replies
Sure, you can spend days drawing lines that connect boxes on some Donald Trump level real estate empire org chart in an effort to gain anonymity and avoid liability, but, at the end of the day, what protects business owners is adequate insurance and acting intelligently."
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10 October 2018 | 6 replies
@Raj G.First thing, did you get a copy of the insurance binder that shows you as "loss payee"?
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16 September 2018 | 27 replies
The next day I have the docs notarized and arrange title/property insurance, then we meet and exchange loan docs/insurance/checks and pay for the auction.
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12 September 2018 | 3 replies
. ;) That being said, make sure you find someone reputable, bonded, and insured.
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11 September 2018 | 3 replies
I would like buy and hold for rent, and the numbers are:Purchase Price: 59.900€ARV: 70.000€Closing cost: 8.000€Rehab: 2.000€Annual Taxes: 480€Down Payment: 30%Loan Interest: 2.6%Years: 30Gross Monthly Rent: 450€Monthly Insurance: 65€Other Monthly Exp.: 20Vacancy: 5%Rep.
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10 September 2018 | 2 replies
Maybe your insurance covers this?
9 September 2018 | 6 replies
Hire a bonded, insured landscaping company, increase rent or add fee.3.