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Hi all,Looking to place my first offer on a rental! I'm very ambitious... Maybe too ambitious? Anyways, I'm trying to figure out my numbers and I want to talk this through with some pros in the industry. I ran a basi...
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I got a quote with Nationwide who has my homeowners.
They are selling me a landlord insurance for $580.
This insurance covers the Dwelling for $135k, Extended coverage (not sure what that includes) a...
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I recently established an Illinois Series LLC. I created a series for each rental property (single-family homes). I also created a "management" series that will sign leases, collect rents, and make repairs.I am in the...
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Hi everyone!New investor here, trying to learn as much as I can from all of you veterans out there. Thank you in advance for your advice and help!In general, does having a good umbrella policy offer adequate protectio...
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I'm working on a wholesaling deal and trying to determine a good offer.
Overview:
- Multiunit property (1) 2 br/1ba house (3) garage apts
- All leased for 1 year total rent/mo = $2650
- Owner pays utilities = $700...
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I am recently licensed and bit confused about how it works to purchase property with a real estate license. I know that if its a FSBO we can just do the sale unrepresented and simply disclose to the seller that I am ...
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I’ve had 8 properties for close to 10 years and never had an issue so probably lucky maybe. I just received a letter from an attorney in the mail that there was an incident at one of my rental properties where the ten...
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Hello - Recently I began realizing I dont have time to stay on top of all my insurance on a per property basis. I am looking for best practices to best monitor insurance expirations, put all the deck pages in one loc...
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My offer has been accepted for a potential house hack house in Stone Mountain, 30083, of Atlanta GA. However, I just realized that the backyard leads to Indian Creek (a creek).What are the pros and cons of purchasing ...
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Here are the numbers and Data:
1918 Duplex6 Bed/2 Baths2,281 sq.ftBanks Asking Price: $99,000My Offering Price: $75,000Estimated Rehab: $50,000Estimated Closing Cost: $3,000ARV: $220,000 (Conservative Estimate by mul...