from what i have been reading all over the net it sounds like a wise choice to ask for rental insurance when renting especially to lower income renters. My questions are:1) what if they let the insurance lapse? What ...
Hi All. Has anyone restored or renovated a historic home or one in a historic district? I landed a great deal on one and the bones are pretty solid. It was built at some point in the 40’s and everything is in really g...
Hello!
My wife and I are just working on building up some equity. We have a little bit of a suicide-run plan to try to buy a multi-family, and looking for a reality-check if we're going to hard, or perhaps into somet...
Do most landlords show losses on their rentals? Reason asking I am looking for another loan, and while the rental losses I showed in 2017 are minor, they are hurting my lending ability. Granted, it was nice to recei...
Hi All. First post. First investment property. Just getting my financial house in order and talking to some lenders. Most of them are quoting me: An origination fee - $2500A processing fee - $1000An Underwriting fee -...
As a new real estate investor, is it advisable to use hard money lenders to fund the first deal? I already have an FHA that was used to finance my current home and trying to raise funds for a conventional loan. I hav...
Hi All, hope someone has advice.We have a 3 unit, concrete block property in FL. Program we rent through (similar to sec 8) said all units have to have heaters.To give you an idea of how important heaters are, I ran m...
Hi everyone. I have a questions about cash flow of rental properties. So I’ve been reading about all of the expenses I should be taking out of the rent I receive to determine my pure cash flow. Mortgage, taxes, insura...
Hi,
I am looking at a deal in Union City, New Jersey. This property is currently a two family, and is in pretty good condition. The first floor and basement are currently being rented out as one unit, and the second ...
There are two points in the investment process where you can reduce maintenance costs. The first is when you purchase a property. The second occurs when you renovate it.
Select Low Maintenance Cost Properties
The be...