Attila Bertalan
1940 Home with knob and tube wiring.
1 March 2018 | 8 replies
I have a couple of suggestions:1. if you are doing a rehab that will include the wiring, you may get a Renovation Builders Risk policy to cover you. 2.
James W.
Purchasing "subject to" protections for buyers and sellers
27 February 2018 | 27 replies
Below is an article that I thought covered some most of the bases, but I have no way of knowing if it is good advice or not since I have not done it.
David Smith
How is NJ eviction process
1 October 2019 | 11 replies
In NJ, tenant will cover all count and lawyer fees for landlord?
David K.
House burned down - what to expect next
10 April 2022 | 41 replies
If you paid $54k cash and your insurance covers $94k in replacement value, you *should* be able to collect the $94k as well as the $8k in lost rental income and either rebuild or simply sell as is and let the Market figure out how much it is worth.
Giora Sela
Looking for an agent/investor in Wilmington, NC area
27 February 2018 | 3 replies
I don't believe the REIA covers MF specifically.
Kapil Patel
Pull out appreciation to break even and/or buy 2nd property
7 March 2018 | 11 replies
You use this $96k to pay off your original loan of $80k and are left with $16k which you can use to acquire another $80k property.So yes, you now have 2 loans (which your rent should cover) but you've increased your total portfolio by $80k for no additional money!
Rupert Grant
Security Deposit with more than one signer to the lease
24 February 2019 | 11 replies
If they insist on sending individual rent payments, we charge an administrative fee to cover the extra bookkeeping effort and bank charges.
William Walsh
Removing a rental property from a SD IRA
27 February 2018 | 8 replies
Everyone covered it.
Gene Murashko
To add, or not to add? Portland Oregon flip.
4 March 2018 | 10 replies
The takeaway is I won't have covered parking if I do the addition.
Tim N winters
looking for some guidance on a deal.
28 February 2018 | 4 replies
i am looking at pair of quad plex units on the same property.they are asking $330,000 for the pairthe first chart is off the sellers numbers MonthlyAnnualIncome:$4,500.00$54,000.00Vacancy (10%):$450.00$5,400.00Management Fee (9%):$405.00$4,860.00Property Tax:$483.33$5,800.00Total Insurance:$208.33$2,500.00Maintenance Cost:$1,666.67$20,000.00Other Cost:$375.00$4,500.00Cash Flow:$911.67$10,940.00Net Operating Income (NOI):$952.17$11,426.00 i adjusted the number and added mortgage payment MonthlyAnnualIncome:$4,500.00$54,000.00Mortgage Pay:$1,409.16$16,909.88Vacancy (10%):$450.00$5,400.00Management Fee (10%):$450.00$5,400.00Property Tax:$483.33$5,800.00Total Insurance:$208.33$2,500.00Maintenance Cost:$1,250.00$15,000.00Other Cost:$416.67$5,000.00Cash Flow:$-167.49$-2,009.88Net Operating Income (NOI):$1,286.67$15,440.00 i over figured vacancy to cover one unit empty per month.other cash flow covers trash and waterthere are a total of 9 units. i know i am problem not giving you enough infothis would be my first investment property and i am a little gun shy of the deal