Purchase price: $105,000 Cash invested: $90,000 Property needed some serious rehab, from trees roots destroying the basement walls, to plumbing, electrical, to roofing, landscape.

In this study, new construction is defined as a habitable structure requiring load-bearing features and MEP utilities (mechanical, electrical & plumbing)Below shows which cities have had the most activity:Question: Do you see activity increasing for the rest of Q1?

I have home owners insurance should i buy another landlords policy as well?

., We were over a decade without insurance, and when I refinanced and insurance was needed, I had no trouble getting insurance in place.  

I suggest gradually assembling a reliable maintenance team that includes HVAC, plumbing, and other essential services.Tenants are responsible for providing access to the property.

We did $20,000 of rehab with the new wiring plumbing, rear porch, landscaping, garage teardown & drywall. 

Any recommendations for Umbrella insurance providers for each partner to cover any liability?

Look up 'Margin vs Markup if you're curious.)So if my Plumbing Sub-Contractor gives me a bid of $20,000 for your project, I will not tell you that number, I will just have a price of $25,000 for plumbing on your Bid/Proposal.Note: It does come out close to even for you........my plumber gives me a steep discount because I give him $100k worth of work each year......

@Ana Escudero Property insurance renewals have been challenging the past few years, but there’s some stability with carriers heading into 2025.

They are DESPERATE to find insurance and are striking out everywhere!!