I'm looking for tips on how to bypass the minimum 1-year requirement on an FHA Loan. I am currently house hacking a duplex I bought in March 2019 and just recently bought a SFH on June 1st. The duplex is under an FHA ...
I was looking at putting an offer in on a duplex, but am getting mixed information on the insurance needed - that could make or break the deal.The current tenants are running an assisted living business out of the dup...
More drama with my recent 203k and i need some insight....We have moved into our 203k rehabbed house about 3 weeks ago. Last friday someone broke into our house and stole about $5000 worth of personal property. I cont...
this question came up as I am getting closer to the closing date for my last 2 rental properties Do you want to purchase a title insurance?What is the expertise opinion on this
Hey!Just curious what peoples thoughts are on increasing your life insurance policy payout to keep covering the cost of newly acquired assets? Or does this seem redundant given the sale of those properties should cove...
I am a new investor of a single family home. After some rehab, we began renting it in August of 2018. So far, so good. We’ve been fortunate as our first tenant experience has been excellent. Young family saving for ne...
I've read some posts on suggesting renters get insurance, but does anyone REQUIRE insurance if the tenant has a charcoal grill on a balcony?
Hello I need help analyzing a deal that I have been looking at.8 units$350,000 asking price$4000 rent incomeExpenses:Taxes $262.50Insurance $166Flood insuranceVacancy 5% $210Repairs 5% $210Cap Ex 5% $210Water Tenant p...
Hey guys, I got a question, do title companies take care of the mortgage left on a house or does the owner have to pay it even though they are going to sell the house?
Do you require your renters to have renters insurance and if so what is the amount of coverage? Do you have yourself named as additionally insured. Any other requirements?