Michelle Santhanam
Do I need liability insurance for a flip on the market?
5 November 2018 | 3 replies
If you are found to be negligent, your liability coverage would step in to cover both types of expenses.
Ben Hooper
multiple mortgages during recessions
5 November 2018 | 3 replies
I imagine there are less visitors, and some months where expenses aren't fully covered.
Eric O.
Bulk purchases RE how does it affect appraisal
5 November 2018 | 3 replies
That's a lot less expensive than suing them.
Eric Laird
Rented out home, living overseas, unsure of next steps
13 November 2018 | 3 replies
If it is your intent to move back into the home in the future this is your best option to ride out your expenses in the future.
Bob S.
First Time Investor/Potential Landlord
16 November 2018 | 2 replies
Management, vacancy and repair expenses are, sadly, not optional.
Jonathan Cox
Was this a smart move?
21 November 2018 | 31 replies
@Jonathan Cox, 350 sounds a little tight, as you are going to have other expense that are associated with that (as you may know).
Lori Greene
The Multiple Choice Offers Strategy: Attract and Close More Deals
11 March 2019 | 17 replies
He was about to start school which was going to be expensive, his friend was ready to move out and his wife was threatening divorce if he didn’t sell that house!
David Harley
Ohio BPers??!! [Calc Review] Help me analyze this deal
8 November 2018 | 1 reply
your tenants aren't going to stay long term in an area like this so i'd expect those expenses of about 2k every 2 years. maybe that's under maintenance.
Joshua Boytek
Debt Coverage Ratio calculation
5 August 2019 | 1 reply
But you are correct, the debt service cost is just the mortgage expense.
Account Closed
[Calc Review] Help me analyze this deal
11 November 2018 | 1 reply
Does the NOI of $143,666 with Operating Expense: $226,573 mean that the total income it had was 226,573+143,666?