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I am a new property manager. I want to require my renter to purchase renters insurance and add it as a condition of the lease with any damages to the property to be made payable to the home owner if the tenant is res...
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In general what to commercial lenders look for when evaluating loans for apartment complexes?
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Hypothetical financing question for the group. I’m not looking for lenders, just looking to unpack this scenario.Assuming they are both achievable, is there currently merit in holding 5 duplexes and triplexes in a sin...
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My partners and I are meeting with a mortgage guy this evening, in anticipation (and in the hopes of) financing our first deal. Which questions should we 1) be prepared to ask; and 2) be prepared to answer? Thanks!
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I own an RV park in TX. It's a long-term living RV park where the tenants own their own RV. The manager tried to get in contact with this tenant and after 3 weeks, the tenant claimed she was in the hospital. The te...
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Good afternoon,I am currently on the market to buy a house with cash. I want to use refinancing the property as one of my exit strategies. I am currently in the Philadelphia, Pennsylvania market and was wondering if a...
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I just replied to a post about LLC and umbrella insurance. I'm in camp of thought that a good umbrella insurance is the cheaper option for better cash flow (lower tax prep and expenses).However, I got notice a few w...
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In real estate investing, financing is as important as finding the right property. One powerful tool that can help investors secure better loan terms is asset utilization—especially when the DSCR (Debt-Service Coverag...
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Originally I was planning to buy deals all cash but I've decided based on my goals to leverage my capital.I have been working on some financing options so when a deal presents itself I already have my ducks in a row.A...
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I have a tenant with a pitbull. On our contract it states no pets. I have talked with her in the past about it. I live in California. Any advise?