I'm buying my first multi unit its 4-3 plexs built in 1950. My question is on the insurance should I insure them for Replacement or Actual Cash Value?
I'm In the process of insuring my first property. I found a company that is willing to do ACV (Actual Cash Value) or RCV (Replacement Cost Value) insurance and will give me quotes based on a calculator where I can inp...
Good evening - I live in an older ranch style home in the Memorial Villages area of Houston, Texas. Home / property values in this area are ridiculous. The lot behind me just sold for 1.4mm (25k sq ft). Four more h...
Hi everyone,I'm in the finishing stages of buying my first rental property in Rock Island, IL. The property costs $100,000 and was built in 1930, and is being completely renovated (this is a turnkey investment). I'm i...
I am in contract for my first rental and plan to rent all the units out. I am having trouble finding a responable quote, and also on what exactly I need as far as coverage goes. I had a quote from 21st century for 10...
Could someone recommend a bank they used for a BRRRR in San Antonio? I'll be an out of state investor.Found an owner finance deal. I'm planning to rebuild the house and repay seller. Once house is rebuilt I'm wanti...
Hello y'all, I've been a long term lurker on BP and now looking forward to getting more involved.
Texas was hammered by Hurricane Harvey and Rockport was ground zero. We are rebuilding but it's been a slow process.
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Hi all,First time poster, apologize in advance for lack of terminology.My mother's house burned down this summer (June) and there has been little to no progress done since.The house didn't burn down to the ground, roo...
I was wondering if anyone used either one of these and how you would use it in a real life example?Thank you
FHA rejected the purchase of a duplex because the area is zoned for single family. There are several other duplexes in the area. I spoke to someone in the city's zoning department that confirmed the area was once zone...