William Jenkins
Tax Deed Quiet Title Questions
I am looking for a little advice regarding a tax sale property in Missouri. I realize any advice given is not to be considered legal advice. I have this in front of my attorney for review, but I am looking for some ...
Julian Caiceros
A Tale of 2 Four-Plexes
I'm interested in 2 Four-Plexes but after running all the numbers for rental income (all units are at fair market value) and deducting all expenses (incl. Utilities, maint., cap repl., ins., vacancy, etc) due to my me...
Jeff G.
Can't insure vacant rental property? Is this right?
I'm still a newb, sigh ... I'm trying to insure a mobile home we're rehabbing and will be ready to rent out in about a month, and my insurance lady is telling me that insurance for it will be $300/ yr for $30K in cove...
Douglas B.
Estimating costs of repairs
this is a post for the SUB30kCLUB and anyone else who can help.
When buying a property in need of some rehab, what do you estimate for cosmetic rehab costs vs major rehab costs? I know that costs will vary w...
Frank Real
Earthquakes in California
Dear Sir/Madam,I am interested in investing in rental properties in California but am concerned about earthquakes that were said to happen here soon. What do you do to prevent an earthquake from causing major financia...
Reyansh Budhagoda
Condo vs. House with a land appreciation
Hello All,I am looking into STRs in holiday destinations near the beach. Does Condo vs Houses in these areas appreciate differently? Should I be concerned about future that can occur?
Gregory Schwartz
Negative affects of forbearance?
I heard a rumor that commercial lenders are asking about forbearance. Specifically, if you had to ask for forbearance from your bank since it indicates a borrower has less than a stable financial position. Anyone else...
Daniel Frye
Underwriting Changes on Multifamily Properties - San Diego
Hello all,I am underwriting an acquisition of an apartment portfolio in San Diego. It is a unique opportunity to purchase from a distressed seller with almost all units completely renovated. In a normal world, this wo...
Sarah Msuya
Actual Cash Value v. Functional Replacement Cost Insurance?
Hello everyone,
I am under contract on my first long term buy and hold rental. It is a 4BD/1.5BR SFH in Auburn Maine. I am paying $113,000 and will be replacing the roof on it this spring. Everything is currently fu...
Christopher Sellar
Paying cash vs financing
Hello BP family! I am looking to start owning single family rental properties. I am 34, active duty military with a big family. The plan is to buy our next house outright and rent it out when we move. After a few yea...