Matt Wells
Insuring my rentals. ACV vs RCV & $5k vs $10k deductible. What would you do?
I'm re-evaluating my insurance on my properties. I am going to insure for purchase price + rehab cost, not the appraised value. I am getting proposals on ACV and RCV policies and $5k, and $10k deductibles. If there is...
John Divine
Hey BP! New here and looking for advice on how to keep my investments rolling.
Hey everyone, my name is John and I just joined up with the site. Been listening to the BP podcasts for a few years now and find them very useful and educational. They helped give me the confidence to buy my first hom...
Mya Toohey
STR APPRAISAL VALUE FALLING SHORT
Hello all,I recently had this happen, I have a client working with a great lender doing a DSCR loan. We paid at market value for the house and the value appraisal came back great. Fast-forward to today- appraiser sai...
Cooper B.
Using quickbooks to keep track of rehab costs vs. budget
Is there a way to easily use Quickbooks to track expenses for a specific rehab project (flip) against an initial budget?Let's say at the beginning of a new rehab project I have estimated amounts for the labor costs, m...
Robert Johnson
How to estimate the gross potential revenue of a STR?
I've read "Short Term Rental, Long Term Wealth" and the direction is to use STR-specific data companies such as AirDna, but to focus more on the aggregate area data instead of individual property data. The other thing...
Robert Treherne
LandLord Insurance vs Renters Insurance vs Home Owners Insurance
I've noticed a fair amount of crossover in the various insurances.So my question (and the topic I'd like to open for discussion) is the pros and cons of each.Is there any crossover, are multiple insurances needed or a...
Jacob Lopez
Tools/programs you recommend for calculating monthly rental estimates?
Hello once again BP Community! I have been diligently reading, studying, and beginning to practice analyzing cash flows of properties within Chicago and some Chi suburban areas.While I try to use whatever tools I have...
Joseph Weisenbloom
Austin Tx - Renting land to Tiny homes/ RVs / Converted vans
In my area there is demand for land where people can park their tiny home, converted van, RV etc. People pay high rents as well from my research.
My area also has unincorporated off grid land that is in close proxim...
Evan Tillotson
Zillow reliability
I am working on my first project, and I was wondering how reliable the information is on Zillow as far as sales prices, rents, forclosures and the like? Are there other sites which will have info that I can compare? A...
Alvin Grier
Filing a FOIA to Find Out if Title is Insurable
Has anyone ever filed a FOIA request with a municipality to find out if the title on a property is insurable?I overheard someone at the title company the other day talking about filing a FOIA to find out if a particul...