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Have a question on adding trust as the named insured. My rental got deeded to a trust and the title owner is now ”ryan as trustee of abc trust”. I called insurance to make update but now in the named insurance schedu...
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I am considering hiring a public adjuster for a existing/open claim. The insurance company cut a check for the ACV but has not released the depreciation yet. The public adjuster reviewed the estimate from the insura...
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Considering that DSCR = NOI / Debt Service and NOI = Gross income less operating expensesWhen institutions are looking at operating expenses for a new purchase, how are they calculated? For example, if we know the g...
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Hello,
The situation is that we've won a bid on auction.com for a studio. Four walls pretty straight forward stuff, checked some stuff with the contact agent before hand, visited it twice, asked if there were liens, ...
What's the typical home insurance expense like in Boston areas for multi-family? Does the conventional home insurance comes with standard liabilities insurance?
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hello everyone, I’m at my final phase of closing on my first property(multiplex). After doing my analysis, crunching number, and due diligence I get hit with flood insurance which has been on heard of for my location....
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I am working with a hard lender on a purchase/reno and they require a builders risk policy even though 1 unit of the 3/4 will have a tenant. Can anyone recommend a company that offers a builders risk policy to cover ...
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Hi Everyone, I am new to real estate and I am unsure of how to come up with monthly expense amounts. When calculating cash flow, how do you know the amounts for the monthly expenses such as mortgage, taxes, insurance,...
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Hi everyoneI'm kinda new to posting here so please bear with me.I have a 3 BR house in Ventura County, CA (Simi Valley, to be more precise), which I have been successfully renting thru Airbnb. At the moment, I'm restr...
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Does anyone have any unusual policies/ conditions they have started including in their rental agreement addendums? I'm in the process of renting my first SFR and want to make sure I cover as many potential issues as I...