Ben Scarborough
Navigating Insurance on the Gulf Coast
As many know, the hurricanes along the gulf coast have been nothing short of relentless over the past few years. As a result of this sudden increase in frequency of large hurricanes, it has become clear how big of a h...
Geni P.
Getting Past Max Mortgages
I am a buy and hold investor, now that I have completed my fourth purchase I was wondering what I can do to keep things going to prepare to mortgage another? All four properties are mortgaged with hardly any equity. ...
Account Closed
Best guess for maintenance and replacement reserves? SFH
Hello-Appreciate everyones best guess for conservative maintenance projections for a 5yr hold of the following portfolio. Also would like to see reasonable reserve estimates for capital expenditures-10 homes-Built af...
Matt Smith
Transferring airbnb to LLC questions
I have recently listed my old primary residence on airbnb. The deed is still in my name, and I want to transfer it to my LLC. I still have a balance on that loan, and I have been told I would have to refinance in orde...
Lynda Poe
Deceased prior owner and current insurance
Here's the story:I have "purchased" a home from a man who inherited his father's house with a mortgage.There is still the original mortgage with PITI. I am trying to have the original insurance changed to a new policy...
Randy Estrella
Tenants want a fire pit
Hello,
I have been thinking over and over to what to say to my tenants about the fire pit they want to build.
My tenants have been renting for almost a year and never had any issues with them and they are a lovely fa...
Asher Anthes
What does the bank want to see as proof of my rental income?
I bought my house last year, live in it and rent out some of the rooms to friends. I have a positive cash flow. When applying for my next loan, what will the bank ask for as far as proof of my rental income so that ...
Steve Olson
Tax implications of "subject to" transactions
Hi All,
I listened to one of the more recent podcasts that talked about subject to deals.
Does anyone have experiences with the tax consequences here? I would imagine that the mortgage company will sen...
Matt F.
How long before lenders count rent income towards DTI ratios?
How long does it generally take before lenders start counting your rental income ?i recently purchased a new primary residence and rent my original home. how long do i need to be renting that original home for before ...
Erika Rogers
Calculations of renting out home
I am trying to make a decision on which direction to go to start out my investment journey.
Currently I am trying to crunch the numbers of what cashflow I would produce if I decided to rent out my own SFH. Currently...