Account Closed
Insurance
Hello, I've been practicing with numbers on the rental analyzer and need help with a closer number to use for insurance on a duplex, tri or quad. Sq ft has been between 3400 to 5000. Areas is Park Ridge, Des Plaines, ...
Aviv Berkovitch
Deductible higher or lower - rental properties
Hi, I always try to figure out what is better higher or lower deductible for rental properties. I have two offers: One offer: Deductible: $2,500 general issues and $5,000 for windstrom/hail damages. Annual cost: $485 ...
Preston Pearson
Newbie seeking advice
Hello BiggerPockets,
My name is Preston Pearson; I'm a newbie investor hoping to learn new ideas to build my income.
I am originally from North Carolina and living in beautiful downtown Brooklyn, NY.
I work in the...
J Morton
Private or Hard money, 100% rehab costs covered via draw schedule
Hi. I am a new Real Estate Investor 'wannabe" and I'm practicing calculating my numbers for a flip. (Using any numbers here)..If I have a property that's asking $50,000 and the lender requires 20% down, ($10,000) then...
Kenny Ellis
California Utilities Help
Hello!
For all you SoCal landlords out there, what utilities do you have your tenants pay and why?
Additionally, assuming i'm renting my property, how much should I expect to pay out of pocket each month to cover t...
Jonathon Nila
[All You Can Analyze Weekend]
What's up BP Community! I inputed an analysis on a Duplex property in my local community as a prospective House Hack to owner occupy. I know the cashflow shows a Negative $800 dollars but 800 dollars for me to pay out...
TJ Lawson
Our First Real Estate Investment!
Hello Bigger Pockets World. I have done my research, read the books, and even helped manage my parents rental properties. My next step is to work on getting an actual deal together!!! I've come to these forums for som...
Eduardo Ledezma Diaz
Should I renegotiate?
I’ve got this property under contract and today i got the title search report back. The owner owes taxes on the property. Should I renegotiate the price or have them pay out of pocket?
Jared Taylor
Do you analyze househacks the same as other properties?
If you plan on house-hacking, especially in a duplex, you effectively cut your potential rent in half. And if your total rent is halved, the numbers you run on your analysis are not going to be accurate. With that sa...
Jason Williams
HML 5/1 ARM first rental purchase
Hello, so I have been reading a bunch of post on BP and have been doing a lot of study’s in obtaining my first rental property. And I finally had the guts to ask online so I hope it gets answered. I would like to purc...