28 September 2018 | 3 replies
We're basically wanting to learn the ropes to serve ourselves when purchasing properties but would also like to be qualified enough to help friends out if they too are in need of purchasing property.Our big concern is that getting licensed will require my wife to have to work in an office setting for a certain period of time, which currently with the children is not an option.
24 September 2018 | 3 replies
A benefit of a USDA loan is that it has lower credit requirements, and it offers 100% financing, but there are income limits. and if you find a house in a USDA eligible area, you're going to seriously limit your market for rent and/or resale due to low population.
15 September 2018 | 5 replies
Have you sent them the required notice regarding the damages?
24 September 2018 | 17 replies
i think if investors BEFORE they bought properties that require medium to heavy managment they should definetly sort out their style of management and sourcefrom what i reading is people are basically tired of bad tenants and other minor thing such as up keep.but if u did a bit of footwork and got yourself some good solid tenants that are trustworthy and would treat your property nice i dont see a problem.. having a residental rent collector and your good tenants and your own contracted mainence is pretty much it..good footwork is always valuable all the time ..people need rental homes just as much as people need owned homes
25 September 2018 | 4 replies
All my unit required was paint and cleaning.Loss of use was not covered under my renters policy since the unit was not occupied at the time of the fire and I had it under contract to sell.I was wondering if the association, owners, insurance company, or restoration company were liable for the excessive repair time?
25 September 2018 | 5 replies
Divide the net operating income by the capitalization rate you require to invest your funds.
14 September 2018 | 0 replies
To assist in finding homes for flip or rental properties.My question is, would it be legal for me to provide specialized emails (Home photos, ARVs, rehab cost estimates, profit estimates, etc) to my investors highlighting potential flip properties and then requiring that a marketing fee or finders fee is to be added to the initial purchase price of the home If they decide to flip a provided listing?
16 September 2018 | 4 replies
I did google salvage and some have requirements so I'll have to call 'em (old fashioned way!).
24 September 2018 | 16 replies
I spoke with an insurance agent about the required insurance minimums and he asked about what type of building it would be- rental or condo.
14 September 2018 | 1 reply
recently purchased a 4plex in HB, Ca.We are on state farm insurance and everything is fine, decided to shop around and noticed that USAA is lower with similar level/amounts.USAA however required that all tenants i forget the exact phrasing but something like "tenants for at least 6months"Now i said that my tenants have been there for over 10 years, and are technically on month to month now.