The stats are Sellers price $49,000Square feet 960Tax Assessor value $10,842Rent estimate $550Im having a hard time figuring out a fair offer, as comps on this street range from 25k-52k  using zillow How would you proceed? 

Pencil it out assuming 10% capex and 10% vacancy plus all of your normal expenses including taxes, insurance, general maintenance, utilities, water/sewer etc...On a tri if the income for the 2 covers all your expenses including mortgage and taxes and you can live in the 3rd then I would consider that to be a good deal.These deals exist in baltimore but you might have trouble finding something turnkey in a place you want to live so maybe check for something with some deferred maintenance that you can force some appreciation on.Good luck!

I'll let you know how we proceed.

I have one rental in Louisiana and when we got flooded... the rental lease is not in effect anymore as the house is not live able.... it's a pain if u don't have insurance.... if ur renters are good for it.... at least ask them to take out their stuff in the curb... a lot of renters just here just left.... and landlords has to do all the hauling away of their thrash too...On the gentle note.... pls be cautious when talking with renters... pls be kind and understandable that they too lost a lot of their possessions aside from the fact that they might not have a house to rent as housing demand will be very high....

I don't mind the renewal dates being staggered because then one tenant is covering the mortgage, taxes, and insurance, at least.

I haven't shopped around for insurance for a few years now, but I noticed a significant increase in how much we pay for our Texas  rentals.What REPUTABLE (with good/excellent history of paying out in case of fire) insurers would you recommend? 

I haven't shopped around for insurance for a few years now, but I noticed a significant increase in how much we pay for our Texas rentals.What REPUTABLE (with good/excellent history of paying out in case of fire) insurers would you recommend?

Taxes 7%Insurance 9%Xtra Flood Insurance 9%Vacancies 5%PM 10%CapEX 5%Repairs Tenant Damage 5%From total purchase price:Down Payment is set at 25%Closing cost is set at 1%Rehab Budget 1%Are my percentages on the conservative side?  

Hello,I just reviewed my homeowners insurance policy for my duplex, and noticed it will increase $130 per year, which starts next month if I choose to renew.

Services You Can Shop ForTitle - Chain of Title $250Title - Closing Fee $1,500Title - Closing Protection Letter $100Title - ILAPLD (SB 1167) $50Title - Lender's Title Insurance $1,700Title - State of IL Loan Policy Fee, State of IL Owners $3Title - Title Update Search $125D.