Robert Muzyka
How do I estimate insurance costs?
How do you estimate insurance costs when your analyze a potential rental deal? I am beginning to analyze deals daily (and in different markets around the country) and I'm not sure how to come up with a good estimate ...
Evan O'Brien
Estimating Rehab Costs
Does anyone have a template/document that they use when obtaining an estimated bid for rehab costs on a property from contractors which includes the scope of work required and a breakdown of the rehab costs (labor and...
Chloe Mayer
What Details to Compare on Lender Loan Estimates?
The first time I got a mortgage was 3 years ago buying my first home, that is and still will be my primary residence. Back then... I knew nothing, and felt like the lending process was super veiled and not really setu...
Nate Michaels
Owner-occupied duplex, how to depreciate properly
Hi all, I'm owner-occupying one unit of a duplex and I'm wondering what is the best to report the depreciation if I convert the owner-occupied unit into a rental at a later date. The challenge I'm having is specifical...
Victor Mondragon
Is it possible to Cash Out Refinance without closing costs?
I live in Texas and am working on using the equity in my home to get a loan and construct a garage apartment to rent out and try my hand at land-lording. I understand that most banks like to use this formula: (Value ...
Ben C.
Allowances on building project
Hello,I was wondering if construction allowances (found in residential construction bids) are part of the contract price or in addition. For example, let’s say contract price is $200,000 and there is a $10,000 kitchen...
Rob Gribben
Average rental expenses per year per property
I have two rental properties in Baltimore, both are rowhomes, one in the city, and one in the county. I was looking at rental expenses (excluding taxes and insurance) for the past 4 years (2011-2014) on both houses t...
John Reardon
Multi family bubble- wait or jump in?
I am a San Diego realtor and broker. I have been seeking a multi family complex where I can house hack for a couple years now with no luck on anything that remotely makes sense. All the deals I analyze are negative c...
Amad Osman
Selecting an Insurance Policy
Hey Guys,I'm closing on my first investment property next week (a 6-unit residential property) and I'm shopping for an insurance policy. For commercial units what factors should I be considering other than the obviou...
Shaun Coan
Single family vs. Multi family
How vastly can a single vs multi family home's costs vary and what is the best way to calculate the difference?