Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Jason Lucas

Jason Lucas has started 1 posts and replied 2 times.

Thanks for the information Wanda.  I'm taking the plunge. 

Hello,

I'm a first time landlord.  I'm looking at a property that has 2 homes located on it. The description states: "it is a Invest type of property with 2 houses on one parcel that CANNOT be separated per the city". Both homes were built in 1943 to give an idea of age. 

1. How does landlord insurance work for this since there are multiple houses? 

2. What's the best method to calculate expenses as there would be 2 homes to maintain? Just double everything in the estimating calculator?

3. Are properties like this typically hard to sell?  Since this is my first one I'd like to be able to trade up after a few years. (currently has been on the market for 44 days with one failed attempt to purchase)

Any other advise?  Thanks in advance.


Jason