I am purchasing a property from my father-in-law. He is over 80 and can no longer take care of it. It needs a roof and presently does not have any liability or insurance of any kind. I have multiple questions. I would...
What is a good resource for me to find out/ learn what permits are required for my gut rehab. And at which states the permits are required?
What's my exposure if everything was not properly permitted?
It's a 3bed 1...
if my rent is 1,234 per monthand I pay 900 per month ( Mortgage,interest, taxes,insurance,repairs,property manager, vacancy, HOA)it means my Capex is 72.93is my calculation correct?Do i include all these expenses? wh...
Hello everyone, Looking to buy my first (intential) investment property. Looking to see if anyone know of any/experienced concerns with an older building. It's an 1950s duplex (1 bed/1 bath) selling for 80k, but going...
I am evaluating a $300K house that is about 40 years old. The house is in good condition, AC and roof are 5 years old.Generally I keep $2000/year towards maintenance when I buy houses that are 5-15 years old in this p...
Could anyone tell me what the advantages might be for wind insurance in Florida for Condos? Specifically, this is in regards to a rental (unfurnished) unit with tile floors. Honestly - if the wind broke the large win...
It is very hard to find property insurance in Florida right now. I have a quad in Jacksonville and Progressive/ASI just literally dropped me mid term and sent me refund! My insurance agent said it's been a complete me...
Hello all: I just got my insurance premium bill for a SFR I own in Cape Coral. The house is a 3/2/2 built 1980. It has about 1600 SF, is CBS, has a newer roof, and a pool. Because it is held in a S corp the liability ...
When figuring out expanses, one thing that eats away most of my profits is insurance, but I assume pretty much same number for any size/year property: $1000/yr for homeowners insurance and $1000/yr for flood insurance...
I am trying to learn how to analyze rental properties. Below are some numbers that I put together for a duplex I'm looking at. Built in 1987. Each unit is 2 bed, 1 bath, about 1000 sq ft. Both units are currently rent...