My husband says absolutely no to anything that requires flood insurance but I would love to find somewhere to invest at the Jersey Shore.

Over the last month or so, I took the required 90-hour broker pre-licensing course online, passing the course and also the Indiana state exam just last week.My plan is to never quit my W2 job, as I have a good, steady income, insurance, 401k, profit sharing, etc.

As such I created The Ultimate Guide to Grading Cleveland Neighborhoods so out of state investors can get a firm grasp on the Cleveland market.Knowing the pros and cons of each type of neighborhood is very important.

RM’s are Insured by HUD, therefore the HUDguidelines......for at least the first 180 days, the property must sell for 95% of appraisal for the lender to be reimbursed by HUD....24 CFR 206.125Typically, the lender will order an appraisal prior to listing the property for sale.  

The Profit you will have is not necessarily 2k a month what about fixes, insurance, utilities, trash, and just pesky little repairs? 

What if you inform tenants that your insurance co requires all persons residing there to list make and model of  their cars.

A neighboring property held firm at $2.95M (6 Horseshoe Lane) for more than a year and ended up selling at that number.

While I dont invest in Ashburn, many of the locations I do are very similar (Rockville, Silver Spring, DC) and I can firmly attest I cash flow comfortably....and cash flow more and more as the rent grows each year.

After taking into account property taxes, utilities, water, insurance, and a 10% repairs & capEx fund, I figure he's making ~$5,000/month. 

If any member ever has a question about insurance claims or a closing, do not hesitate to reach out.Daniel Alvarez