Hi, I recently bought a triplex in Florida that was built in 1920. If anyone here knows real estate in FL 1920 is super old and there is obviously a ton of damage to the property. It needs a new roof, this is my first...
Hi,I am new in this field. However, I been in construction, sub-contractor, in particular, flooring and remodeling for 16 years. Looking to transition from physical labor and earned income to more of the passive incom...
So I have 2 deals on the table that I'm trying to choose from.One deal is:Asking price: 915k21 Units total. 4 fourplexes, 1 triplexes, and a duplex. Major structural issues with the duplex. Minor issues with all the o...
Hi everyone! I'm a new landlord (lady?)...just purchased a duplex and closing on a fourplex on Thursday. My question is, why is the insurance so darn expensive? My agent said they are required to insure properties at...
We own a few rental properties in Michigan and have notes on each of them.
Currently we carry 1.5 million of liability coverage on each property (500K base, plus a 1 million dollar umbrella). We would like to put th...
I have a note holder who has a single note covering 26 properties in three different counties and two different states. UPB is in the vicinity of $700k. Is this even saleable? When I asked him what his attorney said a...
I am looking to purchase rental properties outside of the state I live in CA, and looking for a lawyer to assess my situation and provide advice on acquiring The properties via LLC or Trust with umbrella INC. I live I...
EditHi Folks,Brand new member here. Lots of great discussions! I am hoping you can help. My Wife and I owned single families years ago. We have been away from it for awhile and are getting the itch to get back in. Onl...
Hi All - With all the extreme weather lately, I got to thinking about the possible implications of global climate change on real estate investing - for buy and hold investors. Has anyone thought about this topic? Plea...
Hi everyone! I’m gearing up to close on my first duplex next week, which I will be house hacking! Living in one unit and renting out the other to tenants. I need to finalize my insurance before close, but I’m unclear ...