Travis Champ
Denied insurance for Fire Risk Zone on STR coverage
29 November 2024 | 10 replies
Well if Proper won't insure it, many others won't as well.
Harris Lee
Doorvest experience journal
16 December 2024 | 12 replies
The ideal home price for you will depend on: 1) downpayment size 2) risk appetite, 3) preference for more cash flow or appreciation.Given our price points, our investors need to have 35-45K to start, on average.The typical cash-on-cash return on our properties net of loan payments, insurance, taxes, and property management fees is 6-8%.Ultimately, you can obtain financing from any lender, although we have partner lenders that can provide very competitive rates.
Celine Li
"Which out-of-state cities are good for investing now?"
16 December 2024 | 23 replies
And typically long term rentals don't make it easy to include property management fees into the numbers and have them still work well.I would consider looking into STR type areas where you can avoid the risk of property damages (str and pm insurance covers almost everything that they might damage) and evictions/collections.
Saika Maeda
Buyer Agent's commission and tax write off
9 December 2024 | 8 replies
I understand that if I rent this ADU out, then I can have a tax write off on the mortgage payment and insurance payment for the the ADU's sqft portion.
Scott Shumard
Anyone Worked with Investor's Edge? Looking for Honest Feedback
10 December 2024 | 2 replies
you probably know this but - there are holding costs associated with most flips - interest on the loan, insurance, and sometimes others depending on the localityhope this helps
Scott Esmail
Double taxation for foreign nationals ( Canadian investor)
12 December 2024 | 6 replies
Or if your not doing too much volume he can buy/partner in his personal name and get good liability insurance.
Raj Vardhan
Cash out Refi
9 December 2024 | 16 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
Julian Dragos
Rental Property in an LLC and Insurance Requirements
29 November 2024 | 1 reply
Insurance, bank accounts, credit cards, etc.You are probably making your life more complicated and expensive than it needs to be.
Lisa Ngo
Umbrella Policy for Out of State Rental Property
6 December 2024 | 11 replies
My insurer is Erie, for everything including my umbrella.
Timothy Franklin
Clarifying the wholesale transaction
15 December 2024 | 7 replies
The double close or back to back closing is NOT illegal; it’s just darn hard to find a title insurer willing to do it.