Dave H.
Has anyone built and rented out a multifamily/4 unit?
So, I am still early in the process but I am looking at re investments. I am looking at 4 and 2 unit properties. I have been unable to find any that fit what I am looking for. My market is the northern suburbs of NYC ...
Account Closed
Why pay for insurance?
I've been dealing with insurance companies and am convinced this is the biggest scam in the world. Every year the premiums go up and if you have the audacity to ever make a claim, they raise your rates and try to p...
Michael Mejia
Refinance Out and Back into a VA Loan
Hello all. I was looking for some advice on the following. A lot of oversimplification below, mostly for clarity. Market is San Diego. I'm currently purchasing a STR with a business partner AND I'm looking to build a...
Brian Bakerman
Pros/Cons of ADUs on an investment property?
Hi all -- I'm trying to understand why more people haven't built ADUs on their investment properties. The rough math says they could themselves be up to an 8%+ yield.
Account Closed
Home rehab -- bank telling me to assume $0.30 value increase per $1 spent
I'm looking to finance a renovation of my primary residence and one of my lenders is telling me that if I spend $150,000 on a renovation, I can expect it to add $50,000 or so of value to my home. That seems too conser...
Mikhail Petrenko
1 -> 4 units in East Bay Area. Should I do it?
Hi everyone!Long time reader, first-time poster.I found OFF-market property in San Lorenzo (East Bay area). There is 1200 SF 3 bd/2 ba old house sitting on 9000 SF lot with grandfathered duplex zoning.
Appraisal for ...
Thomas MacDonald
Snowball Effect to Achieve Life Goals
Hi All,
I would like assistance on where to focus my attention for starting out.
Right now I have about 10k total in my checking and savings accounts, and have over 60k in credit lines (through credit cards).
My go...
Douglas Furia
Property Insurance in Class C areas
I've been running the numbers on various properties in Toledo just to get a feel for different scenarios. When I get insurance quotes in lower income areas around Toledo, rates seem to go through the roof! I'm talking...
Steve Morris
Where are the good Contractors in Baltimore
Had a roofing contractor come to property with insurance adjuster to assess roofing problem. I had one contractor come and give a quote beforehand the adjuster came in under what the initial contractor had given fo...
Matt Kowske
How to divide water bill fairly
I have been told that sub-metering this building is not a possibility (without spending ALOT of money to redo the plumbing). Currently, we divide the water bill among all the units every 6 months and bill the tenants....