This means that a loss at one location will not erode the limits at another location, ultimately, giving you more coverage.

Part 1 of 5: What is a Deductible Buy-Down ProgramDeductible Buy-Down programs are insurance policies a business/real estate investor can implement in their protection plan to lower the amount of deductible they have to pay when there is a claim made.These are policies which are in addition to the normal coverage plan (property, liability, auto, umbrella, cyber, etc.)Part 2 of 5: How Buy-Down Programs WorkThey are one of many ways a person/business can implement alternative insurance protection.Buy-Downs are added to protection plans to lower out of pocket expenses for the insured at the time of loss (a claim)Example of how a Buy-Down program works:You have a commercial property portfolio.Its insurance policy has a deductible and a premium.

Besides getting licensed, costs are fairly minimal to get started if you already have an office.

TBH I've never had real issues, and even if I did (unless of total loss) I would NEVER file a claim.

If he is responsible for rent through the month of February, then you terminate the lease at the end of February and then start the clock.However, you have a legal obligation to try and find a new tenant as quickly as possible and minimize the financial impact on the departing tenant.

Overall, the property looked solid with minimal repairs in the living spaces.

Originally posted by @Jarod Castaneda:@Guifre MoraRental Property Cash Flow Analysis   Monthly Operating Income Scenario A Number of Units 1 Average Monthly Rent per Unit 1,575.00 Total Rental Income 1,575.00 % Vacancy and Credit Losses 5.00% Total Vacancy Loss 78.75 Other Monthly Income (laundry, vending, parking, etc

This will likely be a loss, but you need to live somewhere.Now, go back to your NOI, take out your rent from the duplex (are you taking a whole unit for yourself for $1,000 loss rent or have a roommate and are only out $500). 

I have 13 years of residential remodeling experience, operate a one man residential construction LLC, and have a mentor with 30 years of residential remodeling experience that includes 4 flips.Here are the Deal Details:$450,000 = Property Value before renovations began$350,000 = Current value of property$220,000 = Current Mortgage held by parents$160,000 = Cost of making sale ready$380,000 = Parents total investment$500,000 = After Repair Value (conservative estimate)$120,000 = Profit of project$(10,000) = Loss of current equityHere's the Scope of Phase 1:Finishing current 1000 sqft renovationNew 1000 sqft garageNew 100 ft drivewayRenovating 1,500 sqft craftsman barnNew septic systemNew water wellAdditional Information:Despite that the property could sell currently for $130,000 net and the estimated profit will only be $120,000, my parents still want to continue with the project. 

Hi,Can someone help to review and comment on my first pro forma estimate below? After running the numbers it seems that my construction costs are too high and are killing the profitability of this potential project. I...