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Hey all,Up to now I have only bought 2,3, and 4 unit buildings. I have 15 units total and have had a lot of success so far. I just got my offer accepted on my first 8 unit apartment building. I ran my numbers includin...
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Hi friendsI need your advice. This is my first deal and not sure what to do now. I bought a property in Indianapolis in Jan for $30k cash. It's a 3/2 1500 sf and 2 car garage. It will rent for $725. It needs appr...
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At what point does it make sense to take the time and spend the money to become licensed to sell insurance, represent an insurance company or brokerage, and sell yourself insurance? The thought crossed my mind and no...
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Hi members, looking for advise on a potential purchase. Here is my scenario: A seller has a 3 bedroom 2 bath condo in New Brunswick NJ that has a retail value of $150k but is willing to sell for $100k all cash. She is...
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Hi all
Newbie here! My realtor is constantly sending me deals and I have analyzed a bunch. I have found one that peaked my interest with good cash flow and ROI ratio but before i make the offer i wanted to ask the im...
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Hello- looking to estimate what a typical homeowner insurance policy in Florida comes out to, and whether it covers hurricane damage? Would it depend on WPB, Tampa, Miami? I know the cost depends on many factors, but ...
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Hello all,We have just begun to delve into repairing and flipping properties. We have one underway in GA and our flip is in process already and we do not have sufficient insurance in place.So: I have three questions...
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What are some easy ways or rule of thumbs to estimate costs when you analyze a buy and hold property? It could be a website, or a percentage of the property or rent price, or a fixed price, etc.Please use the followin...
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Hi, I am comparing single family home rentals in a few cities (Houston, Kansas City, maybe Memphis) for my first rental house. Researching revenue and costs for pro-forma sheets....finding property tax and insurance ...