Gulliver R.
Typical Monthly STR expenses
Hi All,
I'm doing some STR research prior to buying a property to use for vacation rental and I wanted to hear from you all what are the typical STR monthly expenses? I can think of mortgage, taxes, insurance, STR in...
Carl W.
Unlicensed and uninsured workers
I'm finally ready to begin work on the rental property and I'm noticing most of the handymen and contractors are either not licensed and/or not insured. I understand handymen don't have to be licensed in my state just...
T Giddens
Should I buy a vehicle under business LLC?
I’m a fairly new investor, completed my first BRRR a year ago. My real estate business is under a LLC. I recently accepted a $10,000 business credit card with BOA and they are now offering a business loan for a vehicl...
Stephen Polizzi
Class VI (6) Roads NH - conventional financing roadblock?
I'm considering a property for rehab in southern NH that is accessible by a class 6 road. I'm concerned that this will be a problem for my prospective buyers post-rehab when they try to obtain financing. Does anyone h...
Patrick Rowe
Buying a rehab in a floodzone
I would like to find out if any of you guys have purchase a rehab in a flood zone. If you have what were your experiences and would you recommend it. I would also like to know if you had any problems with the resale.
Mauricio Hernández
Closing cost for cash buyer
Hi;
I am buying a property for 495K all cash and I fell like I am getting charge more than what supposed to be. I thought cash buyers only have to pay escrow fees and a binder fee instead I'm being charged $3,125 in ...
Account Closed
Close without title insurance?
Has anyone decided to do a court house closing in lieu of closing attorneys and title companies.I know you wouldn’t have any guarantee of clear title, but couldn’t that be searched myself? This would be for flipping h...
Juan Carlos Castillo
A question for the city dweallers
So I am living in an old condo 60+ years, SFL, amazing walk score, hospital grid, near a university/downtown absolute heaven of a propety. I'm sure everyone here has heard of the horrible tragedy of ther Champaign tow...
Yohannes N.
Insurance Cancellation
I purchased a single family rental property in GA two months ago(Jan 2016) and rented it. The insurance sent me a cancellation letter in less than two months, with a one month notice. The reason was lack of upgrades ...
Jared Caplinger
Temporary housing
Does anyone have any experience dealing with an insurance company that is providing temporary housing for a displaced occupant? I am considering entering into an 8 month lease agreement that is structured to equal a f...