HelloTrying to understand how much dwelling coverage i should carry on my insurance for my 4 plex. if a calamity happens and i have to build the property from scratch again, how much would it cost me $ per sqft.
I'm going to start by apologizing if I have posted my question in the wrong spot. I have entered into a partnership with a local investor in my hometown. He advises me against financing deals that can't be paid off wi...
After owning a bunch of rental properties, I realized that for Single Family Homes, your real vacancy factor is not necessarily 10%. Why? If you have a mortgage on the house, logically then, if it becomes vacant, y...
Hey pocketeers,is the age of an apartment complex a factor(deterrent) in financing/ resale etc as long as it is in decent shape?Would you have reservations purchasing a 50 plus year old multi?
Hi BP,I'm a rookie OOS investor looking for a stable rental property investment in this market (ha ha). Bought a few properties a couple of years back in NJ, and things have been good so far (osituve cashflow, appreci...
I am in process of developing at 2300 sq ft property in New York City to a 4100 sq ft property through a gut renovation/extension, including adding a 3rd floor to the building. The building will be contemporary in te...
Buying my first single family rental property in NJ ...I got a quote for property insurance which is $800 annual premium, with a $2500 deductible. This is for coverage on a $120,000 house with $1,000,000 in liability....
I'm in escrow for a cute little duplex in Tacoma. This is officially my FIRST real estate transaction. Its a 2 bedroom on top and a studio on the bottom. I think I have opportunity for forced appreciation because the ...
I'm looking at buying a building that is listed for 870,000 But I feel its inflated based on potential. I value the property at 570000,(10%) cap. Its it even worth making such a low offer since the owners are asking 3...
Hey, I'm working on a spreadsheet and I'm wondering:
Does the Net Operating Income include deducting the costs for the "big items" that happen every so often, like roofs, parking lots, etc? I mean, if I set aside 3...