I'm looking at buying my first owner occupied duplex/rental property.Comps = Median Price $149,000.00Duplex 1bld. 2units. 2bd / 2bth 13yrs. old Living area 1,800sqftList Price: $214,000Annual Gross Income: 20,400Annual Expense 4,366Annual Net Inc: 17,174.93Taxes: $2,362.00I don't know what the insurance is Tenants pay for electric, water, sewer and trash. 

The tenants in my condo (upper unit) left the water running while filling a bathtub, resulting in water leaking into the downstairs condo.My tenant has $300K liability insurance, but apparently it doesn’t include any negligence water damage.

I paid about $8 for electricity and $5 for water for August - these expenses are so minuscule, that I completely forgot about them.

Hey,Do you think it's a bad idea or a good idea to cold call on a holiday?

For example, my duplex has brand new furnaces, hot water heaters, and AC units, and the roof is 5 years old.

That sounds good until you factor in dealing with 15 different low income families , 15 hot water heaters , 15 roofs , property tax and water bills .

Maybe you need to escape that Nebraska cold this winter and come and see me!  

Hi everyone, I was wondering what your opinion of cold calls nowadays for buyers and sellers leads? 

From what I've seen it looks about 40k in Portland. 10-15k in rural Washington county, but Im not sure I found all the fees and I haven't found info for rural Multnomah county or any other city yet. rural means no city water or sewer so well and septic and if you don't have those U can spend at least 10 to 15k on a well and water system and septic 15k to 50k.. depending on soil.plus your 5 to 10 k in building permits.. then your ready for vertical.. so city fee's are usually cheaper.now place like Yamhill or Carlton you can find little funky infill and fee's there will be less than 20k.. maybe Banks Gaston etc.its tough for land here. 

If I kept it to live in, I'd put insulation underneath, because the cold comes through in the winter.