Storm S.
Guaranteed Rental income
Hello everyone. Has any investors ever looked into getting credit insurance on the event of tenant default by insuring your accounts receivable? It seems like this would be a good way to get guaranteed income.
Megan Paquet Nelson
Hurricane/Flood and loss of Business Income
I have quite a few STR's that were decimated by flood/storm surge with Helene, and then Milton came to finish the job with wind. All of them are uninhabitable. It will take many months to remediate and rebuild. These ...
Tom R.
Whats you're credit score drop off for potential renters?
My first property is in escrow and I'm trying to get ready to evaluate applicants. I want to have a full set of standards before I start evaluating applicants that way I can prove I used the same qualifications for ev...
Quint Powell
New Investor needs help evaluating a deal
Hi All,I'm looking at a single family property in southern Ohio that sits in the shadow of a manufacturing plant. I don't think there will be much appreciation due to the location. Purchase price is ~$60k. Rent is $75...
Stacie Meeker
Rental Property caught on Fire
Words of wisdom in case this every happens to you:1. Before you file your insurance claim, contact a Public Insurance AdjusterNot only will you get a higher claim paid for damages, but they will help you determine da...
Abdul Azeez
Umbrella Policy Input needed
Folks - I have a primary home and two vehicles. In addition I own a rental property in Memphis, TN. I am now in need of an umbrella policy. I live in NJ. I am getting the feedback that both home and auto needs to be w...
Account Closed
What are realistic soft costs (in California) ?
Hi there,
Having trouble getting a grasp on what soft costs might really look like. This would hypothetically be a situation in which I'd pay all cash for a 150-300K house, then rehab and sell. Also excluding repair...
Jarrod Willis
Infinite Banking Concept
I have been listening and reading about this “infinity banking concept” and found it really interesting. Anybody currently using this? Pros and cons?
Petur Karlsson
How to find a mortgage broker in your area?
Hey everyone! At this point, I've cast a wide net and still no luck finding an insurance broker to "add to my team", so to speak. My rehab insurance is running out, my investment property is almost rent-ready and my c...
John Lee
Purchasing a note
Owner of a property I just purchased offered me another property. He set it up as note so he doesn't have to take care of maintenance, property tax and insurance. The note is only $180k with 4.5% interest. For some re...