Bill Warren
Asset protection help
7 December 2024 | 1 reply
Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.
Emily And Eric Erickson
STR Areas of Interest in Tucson AZ
7 December 2024 | 25 replies
We keep in touch and she has been helpful in connecting me with a contractor and subs.Michelle Saroni (520) 403-3379 Hi Melissa, I'm in the process of covering detached garage to an ADU, curious, how's it coming along?
Ben Cochran
Should I pull some equity to purchase an STR?
10 December 2024 | 6 replies
Ensure the STR’s projected income comfortably covers new debt, even with conservative occupancy rates, and maintain reserves for market changes or vacancies.
Brandon Ortiz
How To Get Started | Bay Area
9 December 2024 | 9 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Zach Harden
My first rental
7 December 2024 | 2 replies
Hi @Zach Harden,I'm an investor/agent in CT and part of #1 Listing Team in CT, and we cover all CT.Let me know if you have time to connect and see how we can help you with your real estate needs.
Mike Sfera
filtering out older homes
10 December 2024 | 7 replies
Mainly I’m trying to avoid “aged poorly design” glassblock walls, small bedrooms, older windows (wood/aluminum, single pane), aluminum patio covers, and to a lesser extent landscaping.
Sham Haile
Notice required for a landlord to give to tenants when selling off-market (WHOLESALE)
7 December 2024 | 2 replies
I personally feel like 30 days is more courteous but as long as they abide by state/local regulations they should be covered
Nicholas Dillon
What calculation can I use to determine if a cash out refinance is a good idea?
5 December 2024 | 6 replies
You'll use that money as a downpayment on an investment and borrow more money from the bank to cover the rest of the purchase price.
Natalie Cao
Trying to start real estate investing
9 December 2024 | 3 replies
She rented out the second bedroom to a traveling nurse and found that the rental income not only covered half her mortgage but also let her save for her next property.
Chas Lumley
Umbrella Insurance policy.
9 December 2024 | 5 replies
It covers all of my rentals up to a certain amount.