Do you simply make sure they have renter's insurance or do you require a minimum amount?I have insurance on my properties and an umbrella policy as well.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $808,000
Sale price: $860,000
1890s two-story row house. 3BR/1.5BA, 1300+ SF, with private parking. Held for two ye...
Details... I have a quoted rate of 4.75% with paying just a hair under one point or $723. And have the option to buy down the rate to 4.25% by paying 3.121 points (an additional 2.134 points / $1,562 cash at closing)....
We have been exploring purchasing a contract for a subject-to deal but haven't been able to understand one issue.
A few of the properties we have looked at the mortgage payment was PITI, which we understand.
...
Good afternoon-I am reading over a potential PM agreement and want to confirm that the PM charges are reasonable and customary.1) 75% of one month's rent for tenant screening/placement. (Seems reasonable)2) 8% monthly...
Good morning,I'm looking to get advice on LLCs. Is it better to have all rental properties in one LLC or have an LLC for each property? I understand having multiple LLCs can be challenging but I think it would be help...
Situation:Single Family Rental financed on 15 year note. P&I payment is $330 dollars. 13 years remaining on amortization schedule. Payoff amount is $35,000. Interest rate is 5.25%. No plans to sell, assume a ...
Question..... Does anybody know if a bank will qualify a sponsor that has the net worth but does not have a schedule of real estate? I'm wondering if I could use a family member with a high net worth on my larger mul...
BP Family - needing guidance on a potential opportunity to help my grandmother.She wants to sell her 2 bdrm + 2 ba condo in a (C+ - B-) neighborhood - (The Wingate Condominiums) in North Dallas. If you're familiar wit...
Hi Everyone,
My name is Barak, and I am new to real estate investing. I Did my research and decided to invest in Columbus.
My plan is to start out by purchasing SFHs, in a C class (and above) areas with a budget of ...