DJ Roshan
multiple single family homes on one tract sold together
Looking at eight 2bd 2 ba and two 3bd 2ba rentals on about 10ac sold together in the Midwest. There is room to build additional homes. They are in the country within 10 - 15 min of small college town w/ population of ...
Todd Allen
Texas Windstorm on small house?
Do some investors go without Texas Windstorm Roof Insurance on a small, 1 story house (1100sq ft)?Is this a sound strategy? It's almost $1000/yr with 2% deductible ($4k) with $200k value. A new roof is about $7-8K.
Derek DeVerna
Ohio Multi Family BRRRR Deal
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Toledo.
Purchase price: $35,000
Buy - July 15th, 2019 for $35K with $7,784.45 down
Rehab - Costs total $25,938.56
Rent - W...
Sam Zawatsky
Insurance being cancelled- what should I do?
Hello,I switched my insurance over to a rental property policy about a month ago and I just received a letter in the mail saying that my policy was being cancelled in 14 days due to the roof being in unacceptable cond...
John Seitz
When to replace roof
For a fix and flip, if you had a house with a 12 year old roof, no issues, would you replace it to add more value to the house? It's a 950 sf house with a hip roof, so I think a new roof would be around 5K. Thanks.
Chris V.
Stockton Deal analyses III - The Vanilla Multi-family
Par for the Stockton Course? – The Vanilla Stockton MLS Property.Over the last few weeks I have made some bold general statements regarding how hard it is to find an even halfway decent deal on the MLS in Stockton, CA...
Matthew Gundersen
Multi-Family Home Insurance Policy in NJ
Good afternoon BP, I am currently looking at purchasing my first investment. It is a triplex and looks to be a sound fist investment. I am wondering what kind of insurance I will need as I will be both living in one u...
Louis D Trejo
Estimated Cost per square foot on gut rehab in PA
Hey BP looking at (north) Philadelphia PA for gut rehab opportunities. Seeking consistent numbers on square footage on rehab work (includes roofing)? From Licensed contractors.
Zee D.
HOA pays Master Policy Premium but not the Deductible?
I have a rental townhouse with an HOA. There is a master insurance policy for the area that covers common walls, roofs, etc. As expected, there is a deductible for this insurance coverage. What is news to me is that t...
Mike Ball
CapEx Reserve In multifamily Properties
I am having a tough time understanding how $250-300 per unit is adequate for a CapEx Reserve. For example, if an HVAC blows out, that’s a $3000+ expense and there goes 10 years of reserves. There are so many other ite...