When I run numbers on these home I always increase my numbers by 15% and add in an extra contingency allowance. 

Hello BP,I am still figuring out financing for a 4-unit turnkey property I have under contract (for buy and hold).I wrote in a previous post that my lender increased the down payment required for purchase and I don't have it.

To buy this new 8plex I would have to refinance my current 8plex and increase the mortgage from 170k to 510k (170k+320k for new 8plex+20k for acquisition fees or other things)This is my current property (8plex)This is my current property after refinancing (8plex)This will be my new 8plexI should also add the the new property is in very good shape.

If so, that often means the building needed to be custom built because it is not standard. 

If refreshing the unit and increasing the rent is going to happen, might as well give notice and start on the first unit.  

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?

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.

I would think it would be part of the budget (a Maintenance Item) and then everyone assessed for it, by a small increase in your monthly HOAs.  

I also like the north Fort Worth area, with a lot of new construction I feel like the area will continue to increase in value.