Economic Update
(Monday, March 15, 2021)
Almost exactly one year ago, March 11, 2020, the World Health Organization declared a “Pandemic” for the first time in a hundred years. Look at all that has happened in th...

Hello friends, REI newbie here and I have been looking at the Cleveland, OH market for Buy & Hold multi-family properties (2-4 unit). Some of my big questions are around the Cleveland economy and my lack of local ...

A recent post questioned whether owners buy flood insurance. There were a few posts and replies.
I've owned properties and paid insurance on well over 1000 homes in the last 40 years. Do you know how many insura...

I've read a lot of the discussions about this topic, and still feel the need to know the following. Cut and Dry.Do I need ACV or RCV?Do I have coverage up to my loan amount or up to my ARV?Do I need builders risk AND ...

Hello everyone, I'm calculating that total dollar figure needed to execute a "Fix and Flip" project, and was wondering if some of the property purchasing costs such as, Title insurance, Land Transfer fee, etc. Could b...

There is a talk about reducing borrower's principal on their loans to help them stave off foreclosure. I would like to know who has to take the hit when a loan is reduced. Most lenders package their loans and sell the...

Has anyone used Dwell Finance ? If so with what results?

I'm under contract for a duplex in Gulf Breeze and shopped around for insurance. After obtaining several quotes from brokers, I sat on them until we had a close date established. Long story short, our closing was dela...

We had heavy rains for the first time since we purchased and rented a property to tenants. The roof leaked immediately above the tv and it was ruined.  We’re having the roof repaired, of course.  Are we obligated to r...

It seems like every time I look up, there's a new "commercial lending" or "commercial funding" company that has popped up across my networks.

The individuals offering these commercial loans are always offering somewh...