I am a 22 year old living in NYC and looking to begin my real estate investing business.

With the Raleigh area being such a hot market in recent years, I'm looking to find new or experienced investors or other agents to network with, discuss the latest news about the area, and establish some solid relationships with.

Any company insuring your properties without an inspection most likely has a clause buried deep in their policy allowing them to deny claims for conditions found on the property that do not meet their UW standards and they will deny you claim based on "the house should have not been insured with them anyway".Although the inspections can be annoying look at it from the other side.You pay them 1000 to 3000 a year to insure a rental property where they agree to pay out possibly hundreds of thousands of dollars if it burns down or up to 1 million if a tenant slips on a bananna peel and falls down the steps or the tenants dog bites someone and since you didn't enforce the tenant having their own renters policy to cover the dog bite the landlord's policy is paying out.The insurance company is very much like your rich uncle backing your business venture - you run the business, he takes on the financial risk from disasters, and doesn't even get a say in who lives in the property.Your rich uncle asking you to fix the steps, put up a handrail, etc which is in your and his best interest long term.Do you really want to rent out a property with a busted front step and a bad roof that is going to leak sooner than later?

2) Should we add the new tenants via an addendum or have all occupants both old and new sign a new month to month (m2m) contract?

I’ll take  a year or so to refinance those into a long term loan and then use their funds for a different property.

I actually created a post on this a year ago which was not well received, so I'm happy to see we have more of a safety mindset on here now!

i bought a property last year to use as a Short Term rental in PCB. happy with my efforts this first year. i do not say as an Airbnb, as i got very few ABB rentals last year, mostly VRBO and direct booking.

Because I'm old school.

Im in CA but property is in OK.They are a thing, but only for bridge/rehab loans. 30-year fixed DSCR loans will require a full Fannie Mae Form 1004 report.Hypothetical:• On the 800k property.

I know some hotel franchises budget to shut down and renovate every ten years to stay updated.