All Forum Posts by: Mani Swagath
Mani Swagath has started 15 posts and replied 24 times.
Post: Impact of NAR Commission decision on leasing commission

- Tracy, CA
- Posts 24
- Votes 0
Hello,
What is the Impact of NAR Commission decision on leasing commissions ? Are the landlords still expected to pay commission to agents on both sides, leasing and showing ?
Thanks in advance
Post: Landlord property insurance recommendations

- Tracy, CA
- Posts 24
- Votes 0
Hey Gang, my property insurance keeps going up. Am currently with Farmers. Are there reliable better alternates ? Also, are there insurance providers who insure multiple single family rentals and is it a better deal for the landlord?
Thanks in advance !
Post: LLC with financed rentals

- Tracy, CA
- Posts 24
- Votes 0
All my rentals are financed and their mortgages (Freddie/Fannie) are in good standing. What does it take to house them under a LLC ? Do the lenders have any concern ?
Post: LLC setup to passthrough rental losses to offset W2 income

- Tracy, CA
- Posts 24
- Votes 0
Few of my rentals are marginally either cashflow + or -, depending on the year, vacancy rate etc. Does LLC setup passthrough rental losses to offset my W2 income ?
Post: Consolidated Insurance on Rental Properties

- Tracy, CA
- Posts 24
- Votes 0
Thank you Roman and Jeremy. Which is more cost effective for the property owner ? Consolidated or separate ?
Post: Consolidated Insurance on Rental Properties

- Tracy, CA
- Posts 24
- Votes 0
If one has multiple SFH (single family home) rentals is it possible to get one consolidated insurance policy to cover all the properties ?
Post: House in T-Intersection

- Tracy, CA
- Posts 24
- Votes 0
Hi, i found a very good single storied house in a developing area (Prosper) in North Dallas. The house is in a very nice peaceful residential community , home schools are highly rated. The house is unfortunately in a T intersection, the dining within the house is on left side and exactly facing the road of the "T". However, the front yard is quite big with few steps as pathway to the house's entrance door
Given it is a facing a T intersection, will i be constrained in leasing this house to tenants ?
Thanks in advance
Post: House in T-Intersection

- Tracy, CA
- Posts 24
- Votes 0
Hi, i found a very good single storied house in a developing area (Prosper) in North Dallas. The house is in a very nice peaceful residential community , home schools are highly rated. The house is unfortunately in a T intersection, the dining within the house is on left side and exactly facing the road of the "T". However, the front yard is quite big with few steps as pathway to the house's entrance door
Given it is a facing a T intersection, i have couple of questions (1) Will i be constrained in leasing this house to tenants (2) In the future, will i be constrained in resale of this house
Thanks in advance
Post: What happens to SFH rental income during recession ?

- Tracy, CA
- Posts 24
- Votes 0
Thank you all for the rich inputs. How much cash reserves should i plan ? As i shared earlier, each rental of mine is financed 80% of the home value. Do i need to plan for my entire monthly payments for the total duration of a potential recession, or, is it some part of either ?
Thanks in advance
Post: What happens to SFH rental income during recession ?

- Tracy, CA
- Posts 24
- Votes 0
Am a SFH rental investor, though, relatively new. I have not seen the prior recession(s). Would like to pick the expert brain of yours on specific questions pertaining to rental income during recession :
- Do tenants typically lose jobs ? If so, how do they pay rents ? Or, do they stop paying , or do they use credit card or savings for the rent payments?
- Do the tenants purposely damage the property per their frustration on the economy ?
- Do the rents go down ?
- Does these last through the recession period ?
- Overall, what should the landlord be prepared for ? In my case, my rentals are all financed properties
Thanks in advance