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All Forum Posts by: Hemal Adani

Hemal Adani has started 21 posts and replied 40 times.

Post: Investing in Dubai flats

Hemal AdaniPosted
  • New to Real Estate
  • Iselin, NJ
  • Posts 40
  • Votes 16

@Jason Bierman, Did you end up exploring any opportunities in Dubai? I am looking at AirBNB in Dubai and trying to get insights into it.

Hello Sir/Mam, County has changed addresses on the street that I own property. What are the steps I should take in terms of title or loan?

Yes. That's the one.

Hi, I'm curious to learn how your experience has been with Open door capital or something similar. Pros & Cons. Also post if you know something similar.

Post: Will paying off Fannie Mae loan decrease mortgage payment?

Hemal AdaniPosted
  • New to Real Estate
  • Iselin, NJ
  • Posts 40
  • Votes 16

Hi All, I have mortgage from WellsFargo tell me that even if I pay additional payment to principal won't decrease the mortgage payment. is this true? They said minimum payment to be adjusted has to be $20,000 and they will adjust payment after 3 months. Anything less, won't affect?

Post: Do I need title insurance?

Hemal AdaniPosted
  • New to Real Estate
  • Iselin, NJ
  • Posts 40
  • Votes 16

Hello, I have mortgage on a property. Lender has ordered and received lender's title insurance. Do I owner's title insurance as well? Should I get one after mortgage is paid off?

Post: What are the tools to use for estimating current rent value in any market?

Hemal AdaniPosted
  • New to Real Estate
  • Iselin, NJ
  • Posts 40
  • Votes 16

Hello Folks, I used Zillow rent estimates but they are terrible. Are there any other tools you use to estimate rent amounts? If it's paid service, which subscription do you use?

Post: Anyone has experience working with Awning.com?

Hemal AdaniPosted
  • New to Real Estate
  • Iselin, NJ
  • Posts 40
  • Votes 16

Hi folks, I am thinking about a property purchase through Awning.com. They are property management company. Not sure if anyone has experience working through them. Please share.

Post: How important is renter's insurance?

Hemal AdaniPosted
  • New to Real Estate
  • Iselin, NJ
  • Posts 40
  • Votes 16
Quote from @Chase Gochnauer:
Quote from @Bob Stevens:
Quote from @Hemal Adani:

Hello Folks, My tenants doesn't have renter's insurance. I am not sure how important it is. Please elaborate.


 Who cares, its only for their items ( interior ) All you care about is the property. I really do not thing any of my tenants have insurance. and we have 100s and 100s . 


This is not true. It is not only for their interior items. It also pays out property damage for tenant-negligence such as a fire caused by them. I had a $96k fire that was caused by a tenant, that my insurance co was able to subrogate their renters policy for reimbursement on. My loss history was minimal for that claim due to this.

 @Chase What kind of coverage they need to have under renter's insurance in-order for us to subrogate in such event? What's it called? 

Post: Would like to connect with Turnkey companies operating in FL, AR, AL, TX and AZ?

Hemal AdaniPosted
  • New to Real Estate
  • Iselin, NJ
  • Posts 40
  • Votes 16

Hello Folks, I'd like to connect with Turnkey companies operating in FL, AR, AL, TX and AZ. Please DM me.