Hey all, was hoping I could get some advice from other investors in RI. Im in the process of buying my first property. Its a 3 unit multi family. Purchase price is $207k, it appraised at $235k. Im to the point where ...
Hi everyone ! Out of state / out of country investor here... I have (had ?) a rental property in Toledo, one month ago a fire broke out in the house's first floor, tenants been evacuated and house boarded up. The insu...
Hi all, Should I insure my rental for its rebuild cost or market value? This is if the property is completely destroyed by tornado or fire. Any recommendations? Currently I am buying a SFR for 81K, appraised at 90K
Investment Info:
Single-family residence fix & flip investment in Kingwood.
Purchase price: $130,000
Cash invested: $102,000
Sale price: $379,000
Complete gut/remediation/renovation of lakefr...
Hi all,I have an old 1962 house in Austin, TX that has been used as rental for the past 2.5 years. This was originally my primary residence and I am trying to get advice on how I might be able to rebuild a new propert...
My investment property had a fire and burned down... To be more exact, only half of the house caught fire and the other half got the water and smoke damage from the firemen and all that.The place is uninhabitable; ten...
I am looking to purchase a large home in my small community. Most insurance companies are wanting to insure it at a minimum of 80% of the rebuild cost. The home is only worth 150k once fixed up but would cost close to...
What advice can you offer to those who are faced with deciding if they should restore or if they should rebuild flood damaged property? What factors should be considered when evaluating and assessing flood damaged pro...
Has anyone bought a 3 flat + coach house in Chicago recently? I'm interested in one where the 3flat is in pretty good condition but the coach house is a mess and needs a complete gut. It's an REO. My potential lender...
(This is a question about a home I'm buying to live in, not my rental property.)I've
had an offer accepted on a house in a suburb of Denver and am shopping
for home insurance. We plan to live in the house for 5-7 ...