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18 August 2024 | 12 replies
It might be worth looking into specialized insurance providers that cater more to investors with rental portfolios, as they usually understand the nuances of long-term investing and tend to be more flexible.Also, if you're investing in certain markets, like Indianapolis, where property values are lower, you can sometimes balance these insurance hiccups with much better returns on your investments.
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22 August 2024 | 15 replies
Now it would have to go to auction and bid on by the public, high bidder wins.
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22 August 2024 | 1 reply
Recently, I’ve been interning as the COO for a Real Estate Investment company that handles flips, remodels, and out of state investments, with the goal of scaling the business for increased profitability.My military background has instilled in me core values like resilience, integrity, hard work, and effective leadership.
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19 August 2024 | 52 replies
I've been a member of this community for 8+ years, and my only objective is to provide value to you all.
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23 August 2024 | 54 replies
In my opinion, anything under a $1,000 though and the preparer is either rushing or not in high demand for their knowledge.
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20 August 2024 | 2 replies
This form is sent to the borrower, investor, and the summary form is sent to the IRS.Other fee for services may include door knocking, bankruptcy research and filing of proofs of claim, providing credit reports, workouts with borrowers, loan modifications, short sales, REO (Real Estate Owned) management, inspection services, foreclosure management, etc.SERVICER OF RECORD OPTIONA servicing company may also offer you the opportunity to do your own workouts with the borrower while using their license as “insurance” (this is what we meant by “insurance reasons”).
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22 August 2024 | 1 reply
I come from the a ticketing background and can provide lots of resources, connections, and perspective on the ticketing space (including my thoughts on the recent Ticketmaster news).Generally looking in and around the Missouri-midwest area for our first BRRRR property and am fortunate enough to have a general contractor as a friend/neighbor who will be a part of the business.
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22 August 2024 | 9 replies
So you just need to decide if you want to run a 6 month rental where you provide utilities & appliances and maybe furniture, and if you do then what you want to charge for that service.
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20 August 2024 | 15 replies
The rents usually lag behind the market value in time, but move similarly
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22 August 2024 | 10 replies
Rochester is great for investment and the prices are decent to get a duplex (4 bed, 2 bath min total).One concern though, when people who are not contractors say they are good at home improvements, they aren't usually as good as they think and their value isn't higher, it's actually lower because of unpermitted renovations or personal cosmetic choices.