I found my city, found what I thought was a good deal only to find out insurance rates were 2X more than in my current hometown for a long term rental.

I also will want payments to start at 6 months as my loans are typically that term. 

Hi,Is there a calculator for short-term rentals? 

Things like - Additional insured with 30 day notice of cancelltion- primary & non-contributory- waiver of subrogation- Extensive hold harmless and indeminification clause

It makes it more risky with vacancies/turnover and if an investor needs/wants to exit quickly.2) Our price points are very low entry so many can easily purchase with all cash.We also choose to not deal with the logistics of when it comes to selling a property via finance.I have always believed that "less is more" and could easily triple our sales volume if we wanted to sell via financing.So at the end of the day it's a decision which in our eyes protects investors long term interests and a business decision to minimize financing hassles on the back end.Much success

You'll get better loan terms and lower interest if you owner occupy. 

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

Find a local hard money lender, you'll get the quickest underwriting approval and best terms.

They both helped.In terms of what I would do starting out in business if I were to do it again, I would recommend working for a larger team to learn their sales process and have practice in the field.

Hi all, I have a tenant that signed a 18 months lease and kept delaying on their rent payment in the first 6 months. We have a clause in the original contract saying that if they cannot get caught up on payment by the...