Pat L.
Insurance Quotes - Dwelling Coverage
I'm reviewing quite a few insurance quotes for a real estate purposed I'm considering.While the dwelling coverage (Coverage A) limits vary in these quotes, the limit in a number of these quotes is around 30% less tha...
Jonn Vidal
Seller won't disclose replacement cost! Any way to find out?
Seller bought house decade ago. House burned down recently fully; lot cleared.Is asking round same price now for just the lot, says insurance reimbursed for replacement, but hasn't answered how much was the replaceme...
Jeremy Grice
When a Rehab a Rebuild
I have a lead on a foreclosure in the nicest area of a small Florida town 1/2 mile from the largest local employer.
It's a sprawling 2600 sq ft 4/2 which basically needs everything. It has roof leaks which w...
Toby Copeland
Avoiding Property Tax Reassessment
Hello All,This is my first post and it’s a doozy. My Father in law purchased his home back in the 80’s. It’s in California and the tax basis is quite low. The home is owned in a Trust and his 4 children are the ...
Dominik Garstka
Depreciation basis of single family house - Phoenix & Chandler AZ
Hi, I can't find information online on how to establish % of what I can use as depreciation basis for a house in Phoenix, AZ (and Chandler, AZ). In California, it's 50/50, but my AZ tax bill didn't say anything about ...
Joseph D.
Coverage Amount - Value of Property or Amount of Mortgage
How much total coverage should I be buying on my rentals? These are SFRs - the insurance company seems to offer, as a default suggestion, the amount of the mortgage, not the total purchase price of the property. I'm...
Matt Zale
Evaluating undeveloped/underdeveloped land potential
Are there are any metrics for evaluating undeveloped or underdeveloped land's investment potential? Unfortunately, the 'price/sf' metric (of the structure) doesn't measure the value of the development potential, so I'...
Joseph Berdugo
"Legal Non conforming use" help
Hi my name is Joe and I'm new to biggerpockets. I'm buying my first house which is a 2 family house and I'm very excited, but I do have a concern. I just got my appraisal back a Hi my name is Joe and I'm new to bigge...
Kevin K.
Single family home to Rental property
what tax benefits do I now get by switching a single family home over to a rental after buying the home roughly 2 years ago? We put a new roof on the home right when we bought the home and also are pondering a deck r...
John Jacobs
From a Private Lender: Property Insurance Question
I am the private lender on a single family home flip. The purchase price is $192,000. The rehab budget is $30,000. The ARV is $280,000. The flipper is experienced. I have lent on approximately 15 flips with other...