I just purchased a new home with the intentions to rent it for a few years. I had it professionally inspected and they found the roof to be "relatively new and in good condition". I just heard from my insurance comp...
For any members that invest in the state of Florida, when it comes to calculating capital expenditures (specifically a new roof and AC unit), how long do you estimate the lifespan of these items to be? If you go off s...
I'm in the middle of purchasing a older property. Its a duplex with a detached 3 car garage with an apartment on top.. so 3 doors...
The home is 102 years old. Seller was selling it for 290k, He settled for 250k.
I...
Just purchased our second investment property less than a mile from the beach in south Florida, everything going well, but insurance premiums are higher than I had estimated. The house was built in 1961, original plum...
Hey guys,I saw few houses in Florida that are for sale but it says that this house wont qualify for financing because it was old, or something like that.Does it mean that houses in Florida not so durable? Thank you
Due to recent hail storms I need 3 roofs replaced. I've called a variety of roofers and they all seem to want to scam me one way or another. I've called a couple of them on their pricing. Most of them act like the ...
My agent in Florida informed me that Universal Insurance Company of North America isn't renewing my policy for an Orlando rental property, which is apparently what they are doing for a lot of policyholders this year. ...
3 plex flat roof property has leaks on the inside, had a few roofers looked at it.the scope of work involves:1.Existing roof has many years of patching and patching and needs replacement, considering a tapered insulat...
Why do many investors steer away from flat roof properties? I had a lender suggest that flat roof = older property....meaning no better than a 20-year amortization. Is this a legitimate expectation?
Buying a mobile home can be an intimidating task for many new investors, but it doesn’t have to be. This type of investment can actually be easier than you think. Ready to dive into this unique type of real estate? St...