30 January 2021 | 3 replies
You need to know which it is so your policy has adequate Limits to rebuild.Did they explain what "Loss Assessment" covers, Did they offer "Personal Injury Protection" (for Libel, Slander, Wrongful entry, etc.).
28 April 2021 | 7 replies
I would be responsible for finding and assessing the property, overseeing and working on the remodel, then i would seek a property manager to handle the listing.I feel a 50/50 split is the way we should structure this venture.
30 January 2021 | 1 reply
also how should i go about assessing the coverage?
18 February 2021 | 8 replies
Taxes are near 2% of assessment and everything meets or beats the 1% rule.
31 January 2021 | 10 replies
Then they decided to audit yet another year.I was finally assessed $9k+ in taxes plus penalties for some obscure SE income so I wrote a check. 2 years later they reversed that decision & paid back my $9k+ with interest.
11 February 2021 | 10 replies
We will need the market rents and rehab cost to assess the opportunity.
31 January 2021 | 0 replies
They will need to pull credit eventually though.Property information Always have the tax assessment and if possible a real estate agents letter of opinion ready, I have seen several deals approved this way avoiding the costs and time of an appraisal.Improvements- Quotes will always carry more weight than estimates.
4 March 2021 | 10 replies
I am just starting to assess the market but would love to sit down and grab coffee and talk and get to meet some other investors in the area.
4 February 2021 | 8 replies
I can imagine this would make the most sense if you have a nearby 2 story house to get a good comp at the higher sq ft.
4 February 2021 | 11 replies
I wonder about this with BRRRR too because when I use the BRRRR calculator, for the taxes I put in the tax rate for the ARV (so if the house is 200k to purchase and has $5500 in taxes but after rehab it would be assessed at ~300k for the refi, I would use 8250 as the annual taxes instead of 5500).