If you sell for $525k and it costs you $35k in “selling costs” (commissions, title insurance, concessions, etc.) then you need to buy $490k.

Tenant is leaning toward a payment plan, but if he doesn't commit to a figure by the end of the week then the lawyer takes over. 

Hello all,I need an insurance quote for my 4-plex rental property in Mountain Home ID. 

But this is how I approach planning at the highest level.

Even with having close to $200K In equity per property throughout the portfolio she’s barely breaking even after mortgage, taxes and insurance.

I have decent W2 income and I plan to continue working for at least 5-10 years.

I have had 6 people sign paperwork to buy the home over the last few months, but even the cash offers have pulled out when they see the price of Homeowners insurance in Louisiana right now.

Won't my tenants' renters insurance company just go after me/my insurance?

My land is also buildable and I have plans from an architect for a 3 bd/2 ba home which would cost 300k to build (it's in CA) and is in an excellent STR location...but I'd need a construction loan to build it.

After the tenant’s year lease is up, I plan to move out and rent the entire building.