All Forum Posts by: Frankie Lotrec

Matt DeVincenzo

Thank you so much for sharing that clause. Very helpful.  

ROI not NOI!

Thank you for your insightful questions. I did not calculate no. But our NOI is very good right now so....and our zoning is for multi.

TX again 

Hello, please bear with me as I'm a relatively new investor. I have a quadplex it has a basement we roughed in to add a unit one day....well, we're thinking it's "one day".  My question is, since we may not need to borrow anything to finance this,
 will the mortgage payment be affected?  I have no idea how that works.....

thanks so much

@Jacob Sloop

Morning! 

I'm in Lynchburg, VA.

@Timothy Hero

Thanks Tim.   Well, I keep seeing listed properties and their insurance is like $150-$200 for bigger multis. 

tx

@Brandon Banks

thanks for your detailed reply. I have contacted 2 or 3 and apparently they are not interested in insuring a property with mixed LTR and STR some of which include grad students??!

Although this year I will have only LTR except they are grad students. 

tx again

Any pics? Details?

Tx

Hello,

I own a quadplex in VA. I have insurance right now but I am paying upwards of $600 per door! I need to lower that to meet my budget. Any recommendations?

thanks