I’m trying to invest out of state and I’m trying to get people’s opinion on which cities in the Southern part of the country have the best Price to Rent ratios
I had always been told I own studs in on my condos and the HOA was responsible for insuring buildings. I just got a notice from one of my HOA's that they don't purchase flood insurance on the buildings due to cost, I ...
3 unit multi-family. Appraisal value 90k, selling price 70k. 15 year mortgage at 4.5%. Down payment 20% or 14k. Annual mortgage cost $6300.Rents:2 bed $600/mo tenant pays electric and heat1 bed $550/mo tenant pays ele...
What's a reasonable range for homeowner's insurance for a fully remodeled older home? This is my first time buying a house and getting an insurance. The house is built 1920. New electrical, plumbing, HVAC, water &...
Does anybody have a rule of thumb price or percentage for estimating insurance costs based off home value/home size when evaluating deals for a multifamily property? Is there even a way to get in the ballpark for thi...
I have a quick question. I am in the process of purchasing my 2nd rental property. It is a foreclosure that was built in 2009. House is in great shape. It was in multi offer so I offered 90k. Based on comps we figure...
Hello, I am planning to buy and rent a condo in the Chicago area. Can somebody explain how does the HOA frees are applied to the rent of the tenant?
Hello BP members! I need help! First time buyer. Fourplex for sale in Brazoria Texas. Long story short: unsure if I should stay away or if it’s a good deal! VA foreclosed- listed at 127.5K. 2 2 bed 1 bath. 2 1 bed 1 b...
In analyzing a 50 unit half 1br half 2br, what should I estimate for on site laundry income and on site vending machine income monthly?Thanks in advance!
Hello,
What am I missing. Seems like NNN is a
Slam Dunk At 6-7 Cap Rates.
If you can borrow at similar costs to
cap rates and put 30-40% Down. Seems like a no brainier.
For Example
$2,000,000 property at 6.7...