Taylor Scott Siemens
New Member with New Cash Flow Strategy!
Hey everybody,Just joined yesterday and absorbing as much info here as possible. I'm looking forward to giving as much as I take from this community. I am currently a loan originator in California working for a smal...
Maria Wilson
Raising the rent in an apartment building
I own and manage a 33 unit building. I am planning to raise the rent. What incentive do you give to have residents sign another 12 month lease instead of switching to month to month? The last time I raised the rent...
Max T.
Life insurance options - question
1st question - What is the best "length of term" for a life insurance policy?My understanding is that I can choose how long to set the contract, but the longer the term, the higher the premium. My premium would be on ...
Ryan J Wenrich
Assisted Living Project - Determining Rent
I am considering purchasing a building to convert to an assisted living community. The community would be run by a more experience operator. I would simply hold the building as the landlord. Purchase price is about...
Jessica Beard
Landlord insurance in Ohio
Hi all,I am closing on my first investment property in Bedford, Ohio. I've received a quote for property insurance through Foremost and would like to know if this is a good deal. Any advice is much appreciated!dwellin...
Padma Mody
Why home insurance under LLC is more expensive?
I have couple of SFH and condo under personal name and one house under LLC. When I try to get home insurance under LLC name, it is almost double premium I am paying and not all company is ready to write the insurance ...
Rob Bianco
Question about Homeowner's Insurance
Quick background: I own all my units in cash and plan to refinance once COVID-19 blows over
I
currently have a policy on each property the pays out on an Actual Cash
Value basis. Coverage limit is based off of th...
Andrew Lax
Seller Financing - I am the Seller
Currently own around 20 SFR in South Florida (Broward) with no debt. All of them were purchased between 2009 and 2012 so have a ton of equity built up. Working on several ideas - but seriously considering Contract ...
Courtney Edwards
FHA 2/1 Buy Down Program
Can anyone familiar with FHA 2/1 Buy Down Program shed a little light. From my understanding its a loan that allows you to buy down your interest rate for the first two years of your mortgage. The third year your mo...
Shauna Gingras
Turnkey in Memphis TN
HelloI am looking to make my first property purchase and after trying to manage it alone I have started looking at turnkey options. I live in California but am looking to invest in Memphis.My thoughts are leveraging ...