Melissa Chinn
Daycare in a rental property?
13 May 2017 | 5 replies
I'm far from an insurance expert but having 9-12 kids bouncing around increases the risk and (likely) the policy premium.
Matt Trigwell
Price per sqft for paint while rehabbing
11 June 2017 | 20 replies
I know they underwrite for a minimum of $5,000 gross payroll across any state and with a $2k premium just to underwrite plus % of workers wage, did that make sense?
Shea Spinelli
12 Units/insurance estimates
17 May 2017 | 3 replies
If it is difficult to insure, there is a greater chance the property will have above average premiums during the time you own it.
Eric P.
Minimum Insurance Required?
17 May 2017 | 1 reply
If you want to lower your premium ask for a higher deductible.
Danny Maller
Can someone verify my research and numbers for a downpayment?
19 May 2017 | 4 replies
I'm wanting to buy a duplex and I'm considering how much money I should be saving to put down.Say the property I want to purchase is $250,000I want to make a downpayment of 3.5%Upfront PMI fee is 2.25% of property priceIgnoring PMI monthly premium of 0.55% for nowSo written out it'd look like this:Total I need to save = ( (250,000 * 0.035) + (250,000 * 0.0225) )Total = $14,375I figure an additional $5,000 for closing costs and initial inspections for a grand total of upfront money need to be $19,375.
Cameron Nehrer
Short term rental property in Lon Beach
21 July 2017 | 2 replies
If possible look near CSULB because the students will pay a premium in rent.
Gail W.
Sell So Cal SFR if I have high paying tenants w/2 year lease?
18 May 2017 | 5 replies
Those buyers can probably pay a premium relative to a pure investor.
Rocky V.
$1.2 million 10 plex generating $6,850/month - REALLY!!!!
30 March 2018 | 19 replies
I'm in the same boat with mine, taxes are getting up there but hate to liquidate them as they still cash flow well and will always bring premium rents due to their location.
EDWARD M.
First Owner Occupied 2-Family Home - How Should I Analyze?
18 May 2017 | 1 reply
Once all the units are done you'll have a nice cash flowing asset that you bought at a discount and can now sell at a premium if you wish, or you can collect rents and know that you're place is nice and will rent quickly if you ever have vacancies.Ultimately your goal in this is to buy something at a discount and bring it back to market or slightly above.
Aaron Sanchez
Need help, might have to sue tenant
24 May 2017 | 11 replies
If the tenants want out I will be glad to escort them out on short notice and charge next tenant a premium rent.