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.
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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 ...
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Thinking of investing in complex duplex triplex.
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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...
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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...
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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...
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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...
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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...
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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...
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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...