Jordan L.
Is umbrella insurance necessary if...
Do I need umbrella insurance if my liability limits on my properties are already 1 mil/property, 2 mil aggregate? I’m running into issues getting an umbrella policy as my vehicles and properties are insured through d...
Account Closed
Evicting tenant question
Evicting tenant question- in the process of evicting a nightmare of a tenant, I do believe she is trying to find a new place as I got a call from another landlord but the process is taking too long so off to court we ...
Noel Tijerino
Should I give my tenant a copy of my building insurance policy?
My tenant is asking me if I have current insurance on the building and if it covers fire, which makes me a little nervous. I'm in the building next to his, so I brought him into the office and showed him the copy I sc...
Derek Daun
Neighbors liability of tree branches over my house Sacramento CA
I just got a call from my tenant informing me that very large tree branch from the neighbors tree fell on the top of the house. I haven't gotten chance to inspect it yet, but there is likely to be some shingle and dr...
Tone Church
Deceased tenant in unit
Yesterday I received a call letting me know that my tenant was found deceased in one of my units yesterday morning. They lived alone. I spoke with a family member who said they are waiting on the examiners report and ...
Eric Chan
Missed Lien by title leads to missed profits
Purchased a property through a probate sell with title insurance a few days after closing I had a buyer set up to by my property for 165K profit, (Another investor ready to go) they had money in escrow and we were abo...
Bryan Hancock
DTI Ratios For FNMA Loans When Borrower Has Rental Properties
Okay...With all of the threads going around about FNMA properties 5-10 I wanted to clarify how "DTI" is calculated for rental property for both the front-end and back-end ratios for:
1. Rental Property With Mortgage...
Christopher Mooney
Real Estate By The Numbers - NOI calculation
Hi all,I've been reading through Real Estate By The Numbers by J Scott and Dave Meyers. It's really thorough and a great read so far!I'm caught up on their breakdown of NOI. They say Net Income = Operating Income - Ta...
Mark Suliman
Disaster in my Realestate business please help
so the story started 5 month ago I bought a home in land o lake Florida through home search.com I closed on it may I got title insurance at closing I renovated the entire home I put up for sale and got it under contra...
Chris Holloway
Sell Property with Approved Claim in?
My house is on the market and I was in the processing of closing however a storm damaged property. My claim was approved and the buyers are good with , however if I sell the house will I still get funds to restore pro...