Lee Gierszewski
Who should pay for water damage bill
10 June 2018 | 4 replies
I sent the $2000 cleanup bill to the tenant for negligence and she is refusing to pay claiming that my homeowners insurance should cover "old pipes."
Nick Tarantino
How should a person invest in real estate as a beginner?
12 June 2018 | 28 replies
That's gross rents, you need to account for real expenses, like taxes, insurance, PM fees (ours is 9%), etc.
Larry H.
1031 exchange into self-owned property to develop further
9 June 2018 | 2 replies
Both A and B are multi family apartment buildings.The properties are worth around 1.5-2m.I wish to keep A but sell B; preferably in a tax-deferred manner.A is in an area that has been rezoned and I wish to tear down and rebuild the property as the current building is old and I can get more than 4x the square footage because of the new zoning changes.Is it possible to sell B and use all of the proceeds to fund the development of A in a tax-deferred manner?
Natalie Bull
Should I Be Concerned?
5 July 2018 | 9 replies
Did the new owner purchase title insurance?
Ben M.
Does LLC result in higher property tax and insurance
14 June 2018 | 2 replies
Does having an L.L.C. generally result in higher property tax and insurance?
Brandon Ingegneri
Vacation & Student Rental in RI
13 June 2018 | 4 replies
This also results in a discount on my yearly home insurance.
Varun Parkash
Vacation home turned to rental - Insurance Issues?
13 June 2018 | 7 replies
Hey Folks, anyone in here knows the answer to this situation:If you buy a vacation home and the appropriate insurance for it at closing and then the insurance company inspector comes and views your house after a month or so and it is vacant as expected - then things check out, but if they see tenants living in the house - then the owner of the house has to change the vacation home insurance policy to a renters insurance policy?
Ivan Dushchenko
203k load and equity. Is my plan fool proof?
13 June 2018 | 8 replies
We stay with our borrowers through out every step of the commercial lending process to ensure the loan closes properly and in a timely fashion. 11 Capital Finance personally handles all title insurance issues, property insurance issues and does all of the coordinating with every party involved in the transaction for our clients.
Clay Revels
Feedback please about selling my house or renting it
21 June 2018 | 2 replies
The reasoning behind this is that if you've lived int he home for at least 2 of the last 5 years, you can keep the proceeds tax-free.
Daric Carter
Too good to be true?
13 June 2018 | 16 replies
You still have 10% property management, 10% repairs, 10% capex, taxes, insurance, etc.