The rental (SF) is paid off i.e. I do not have any lien or mortgage on it and there's a tenant.1. I am currently carrying hazard insurance. I can buy landlord insurance without coverage on roof (wind/named storm peril...
My daughter is a freshman at CSU. I live in San Antonio. I threw out the idea of maybe buying a house for her to live in next year and having her rent out the extra rooms to cover the mortgage. Now she's really in...
I've been planning to buy and occupy multi unit properties in my path to investing, but I'm unsure of how the financing would work out. Here's my plan in a nutshell:-buy and occupy a duplex, renting the other half-aft...
What are typical fees and commissions that the seller pays at a real estate auction that he wouldn't otherwise in a FSBO direct sale?
I'm under contract on a property I intend to flip and my insurance agent has recommended that I get a Builder's Risk Policy since I'm planning to do extensive renovations ($60K budget). The premium for this policy is ...
Let me preface this by saying I have already emailed the same question to my tax guy, but wanted to ask here as well. I am considering selling one of my rentals to the current tenants. This property used to be my prim...
Looking for advice. I’m about to close for a duplex. One tenant has a month to month contract, the other has a contrat until April 2022. I would like to renovate the 2 apartments ASAP. The tenant who’s staying until A...
I am new. I have been working with the Property Analysis Worksheet and have a question about depreciation. Depreciation is the amount we can claim as a loss each year against our profit. If the property real...
Hi All, what is the typical cost for your umbrella insurance in NY, FL or whatever state you are in for $2M or $3M + policy? Everybody here is saying umbrella policies are very affordable.
I am starting to wonder i...
hi guys,I have this rental that is difficult to rent because its in an upscale neighborhood and the rent is expensive (2.7K per month).A part time teacher who makes 16K per year applied, her main source of income is h...