Can you explain to me why it is important to leave some equity in a property in case of an economic downturn? I have read this in a few posts and I can't figure out why. Thanks.
I found a property in a very desireable area of Chicago listed for 475k (2 bed 2 bath, 1550 square feet). The HOA is only $200 (which is rare for this area). It is newly renovated but has room for some minor cosmetic ...
Thinking of investing in complex duplex triplex.
We have a couple of 4 bed, 2 bath houses in Jacksonville, FL we're considering renting out as individual rooms. Looking for advice and discussion from someone with experience. Need not be in Jacksonville. ThanksPaul...
Wanted to share this small win with everyone… A year ago I wrote a request to have my PMI dropped from my mortgage, as my LTV was just over 20% equity from my original appraisal. About a month later I received a lett...
Installment #4 - Insurance Issues For the Real Estate Investor Deductibles:This is an area of much debate and confusion so let's clarify some things.Simply stated, the higher your deductible, the lower your premium. I...
I have never had to replace a boiler system. Per a plumbing contractor who was at the rental property to replace a leaking boiler valve, he stated that his fear in replacing the valve is needing to shut the system dow...
I am looking for opinions on the best way to reach out to busy agents for my Home Inspection buisness. I have contacted the agents I know personally with great results but I would like to introduce myseld and my s...
I'm sure most of you are laughing at the label on this thread. Hear me out.I started a thread several days ago about how high can real estate prices go. The majority of the responders have all acknowledged that we are...
I’m trying to get my head around electric vehicle choices and if the math now makes sense with $5 gal gas, or $7 diesel. I’m only looking at if the math can make sense, not environmental issues. So I currently have a...