RCRE - Understanding Property Insurance

jakeandgino jakeandgino | 2 years ago

Will Coleman and Mike Taravella interview Brent Coleman of CNC Insurance Brokerage. Key Information: What things have gone up for multi-family? What are Factors for estimating insurance prices? How do you know the previous 3-5 year loss runs for a property? How to understand the age and pricing of different items on a property? What can raise the price for consumers with Insurance Companies? How can you find the best rate with Insurance Companies? When is the best time to contact an insurance...

Understanding the Increase in Homeowners Insurance Premiums

firsthome firsthome | 9 months ago

Have you noticed an increase in your homeowner’s insurance premiums lately—maybe significantly? If so, you are not alone. There are a number of factors that impact how high or low insurance premiums are, and there are several currently at play which have contributed to a recent rise for many homeowners. What Drives the Increase in Homeowners Insurance Premiums? In general, the two primary factors that impact homeowners insurance: insurance rates and inflation. There are numerous things that ...

RCRE - Understanding Your Personal Financial Statement

jakeandgino jakeandgino | 2 years ago

Will Coleman and Mike Taravella discuss personal financial statements. Key Information: A personal financial statement or PFS is an account of an individual’s personal assets and liabilities. Personal financial statement’s are used by lenders to evaluate whether a borrower has the net worth and liquidity to pay back a loan in the event that they were to default on their payments. A majority of lenders will require your net worth to be equal to or greater than the loan amount and for yo...

RCRE - Understanding Capital Markets with Nate Trunfio

jakeandgino jakeandgino | 2 years ago

Mike Taravella and Will Coleman interview Nate Trunfio of Lima One Capital LLC. Key Information: Capital Markets A venue where savings and investments are transferred between the suppliers who have capital and those who are in need of capital. Secondary Markets Capital markets are composed of primary and secondary markets. Lenders originate loans then sell them to investment entities in the secondary market. This provides lenders with the liquidity to originate more lo...

RCRE - Understanding Loan Pricing with James Shukis

jakeandgino jakeandgino | 2 years ago

Will Coleman and Mike Taravella interview James Shukis of City Bank. Key Information: Lending on single-family homes has accelerated during the last quarter. New trends in housing show college graduates gravitating towards class A condos and townhomes in metropolitan areas. Why now is a good time to accelerate your debt with lower interest rates. How banks processed PPP loans for small businesses affected by COVID-19 How banks establish their own prime rates as well as use national indices ...

Understanding Rental Property Interest Rates

nexuspropertymanagement nexuspropertymanagem... | 8 months ago

HOW YOUR RENTAL PROPERTY INTEREST RATE IS CALCULATED It’s not just speculation anymore…interest rates are going up. In mid-June, the Federal Reserve raised the interest rate by .75%, the largest single hike in almost 30 years. The goal is to slow the pace of inflation and with that effort comes an additional barrier to entry into the housing market. While housing prices remain sky-high, average fixed mortgage rates are almost double what they were a year ago. Last year you were looking a...

How to Read Your Property Insurance Policy

Business & Economy Website Business & Economy W... | 4 months ago

Purchasing adequate landlord or property insurance for your investment property is vital if you want to protect your income and maintain long-term financial security. However, the coverage to which you’re […]

ALTA: Protecting property rights with title insurance

housingwire housingwire | 3 months ago

The upfront expense for title insurance is related to conducting a search of public records to underwrite ownership and lien risks.

Understanding Real Estate Property Inspection Basics with Wally Conway

jakeandgino jakeandgino | 6 years ago

Prior to presiding over one of the largest home inspection companies in North America, Wally was a Naval Academy graduate and is a retired Navy pilot. With a blend of experiences as a business owner, master marketer, contractor, renovator, investor, TV and radio host, and master home inspector, Wally believes "if you're not having fun doing your thing, you're either doing the wrong thing, or your thing wrong!" In today's episode we discuss: • How Wally went from no job to business owner • Th...