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Results (10,000+)
Dustin Corbett First Timer...too much too quick?
2 November 2021 | 33 replies
Been looking to get in the game for a little while now and ran across a potential investment by pure luck.Was originally looking at single family residential to start out with rentals.Commercial deal came in to our laps:$310,000 purchase price4 retail store fronts(3 rented to a cafe, 1 to a boutique)2 apartments rented out upstairs1 vacant apartment upstairs(biggest of the 3 residentials).
Jacob Maes Short Term Rental in Arlington by AT&T Stadium
30 October 2021 | 0 replies
Hoping to have this project done by Dec 2021 for guests to enjoy some Cowboy games!
Logan Eckstein Best way to get partners on board before finding a deal
30 October 2021 | 3 replies
You are asking people to give you money and let you do everything without having any skin in the game.
Lance Stokes Buying first property in 6 months
31 October 2021 | 1 reply
hi BP fam - recently starting taking the steps to really get in the game of re investing i.e., creating a criteria, studying a market, making connections in market (realtors, lenders, etc) and I've determined I still need about six months of saving/paying off debt before we are really to purchasein the meantime I do not want to just sit on my hands. is there anything i can do to provide value to any experienced investors (bird dog, etc)?
Kejia Tang Buying property with tenant inside - what must seller disclose?
31 October 2021 | 11 replies
Of course, at the end of the lease, it's fair game and I often find it best to change out the tenant as we might be in a value add, raising rent and just wanting to start over.
Craig Parsons When to initiate contact with inherited tennants.
31 October 2021 | 4 replies
I told her I did not but I had rental agreements for all of them which had the current owners number and maybe it would be best if she contacted her directly instead of playing the telephone game
Marette Boyle New to the game - NH STRs
31 March 2022 | 9 replies
I am new to the game, but hoping I can be a great connection for many people just looking for the right partner/match.
Cat Storing Getting Started Was Easier Than I Thought 🥰🤯
5 November 2021 | 15 replies
I did not mention that I have been studying RE for the last year + (the properties we analyzed are in our neighborhood, we know what's coming, no rehab needed and I did say that it was the FIRST step).I know that real estate investing is a long game deal.
Linh Lynne JOCO--Johnson county rental
1 November 2021 | 7 replies
Seems like I came too late in the game?
Eric Lee Nation What Could Be Done Better
8 November 2021 | 11 replies
@Eric Lee Nation    I did ins claims in another life for 14 years - I do not recommend that EVER as someone's employment but I did learn a few things.Here's 2 things agents or no one will tell you -- your Replacement value (RV) on the house is JUICED up way higher than what's realistic -- however you have a relatively inexpensive house so it's not much of an issue - but typically the reason they juice the RV is to get your wind/hail deductible higher -- typically 1%, 2%, 3%, 5% of RV is what your wind/hail deductible will be even if you had a $1k or whatever other deductible they offer for any other peril -- so follow me for a minute - you bought a rental for $150k -- they've juiced the replacement cost to $250k the most likely loss in KS or the midwest in general is going to be wind/hail --- the math actuarial nerds do this so the casino or the ins company in this case has the upper hand -- do the math what a 2% or 3% deductible on a $250k house will be -- I have a commercial building insd for over a million -- the lowest wind/hail ded they will give me is 5% -- the only reason I have ins at this point is I'm required to -- the wind hail coverage is worthless to me with as high as the deductible is.Anyways with that out of the way - ask your agent if you have a 3% option - at that RCV cost they figured of $99k that wouldnt be much different than the $2500 all perils coverage you have now -- Also I'd wager as someone mentioned dropping the med payments to others coverage -- it probably wont make a bit of difference in your policy cost -- I could be wrong - but I'd guess $25-50 dollars a year -- your coverage is the price it is due to the perceived wind/hail risk the company is putting on KS.I'm with Big Red and have been for a # of years -- your price to insure that house is on par with what I get from them for that replacement cost -- though i think State Farms game is a bit different they really jack up the Replacement cost so I have higher wind/hail deductibles -- I'd make out good if the house burnt down or a tornado destroyed it - but for a hail claim there wouldnt be much there.