Hello,
I am going to buy a house with Cash and sell it via Owner Financing. I am curious about the insurance. Obviously I am going to require the buyer to carry insurance.
Lets say something bad happens. A fire, ...
Hello:My tenant paid six months of rent as a lumpsum amount. I own a business checking account to manage rental income. I do not have any imminent capex or big ticket maintenance items (fingers crossed!)What would YOU...
Can y'all tell me what the typical amount of cash reserves are needed to keep for random capital expenditures?
Is it based on gross rent?
I know older Units will require more yearly maintenance.
Is there a formula...
Let’s start to dive into the next part of your insurance policies.We’ve been talking about Property Coverages, let’s now move on to:Installment #6LIABILITY: One of my mentors, Tim Norris, likens Insurance to the arche...
I'm looking at a residence in Bay City, MI. Avg. Sale Price is 57k. Owner owes 55k. 3 Bedroom. 1 Bath. The avg. rent is $900The owner had to take a job in Detroit, because she lost her job in Bay City. Acquired an apa...
Hey guys, Yesterday I put my first offer in on a beautifully remodeled flip. Everything from the electrical, plumbing, roof, interior and exterior was brand new. I’m in Milwaukee and it was located in West Milwaukee/S...
In case you missed it, the online rent payment company eRentpayment has had major issues when their payment processor filed Ch 7 bankruptcy and casued a lot of investors rent to not get deposited. This started quite ...
Happy Holidays !In the wake of the recent tornadoes at northern Texas, i would like to know if there are strategies for landlords to protect against such natural disaster. I have my rental in the northern Texas area, ...
Not sure where this post should land, maybe a good idea for a new forum ... Owners of 10+ Properties, or something a little more creative than that, but you get the idea.
I would like input from those investors who h...
I'm not sure if anyone else has experienced a terrible property management company in the Jackson MS area, but I have had some of the absolute worst experiences that you can imagine!No contact, waiting weeks or months...